Eighteen cents of what you pay for each gallon of gas is the federal gas tax. President Trump's proposal to suspend it ...

The DOE said it has executed a historic, record-speed series of SPR exchange solicitations—the largest in the Reserve’s ...

With average nationwide gasoline prices above $4.50 a gallon, politicians are revisiting a perennial idea to ease high pump prices: suspending the federal gasoline tax. President Donald Trump said he ...

A rally in tech stocks lost steam as Wall Street awaited the April consumer inflation report, expected to provide clues tp ...

Oil exchanges, as they are called, allow the DOE to loan out oil to companies who later pay back to the oil with extra barrels, which functions like interest on a loan.

The U.S. announced plans to release more oil to help global markets during the ongoing war with Iran, which has impacted ...

The US is set to loan 53.3 million SPR barrels to energy firms as Iran war drives oil prices higher and markets tighten.

The Trump Administration announced on Monday that it would loan 'energy companies' 53.3 million.barrels from the U.S..Strategic.Petroleum ...

The Trump administration loans 53.3 million barrels of crude oil from the U.S. Strategic Petroleum Reserve to stabilize ...

Saudi Aramco CEO Amin Nasser warned Monday that the world is losing approximately 100 million barrels of oil per week. Tanker ...

By contrast, the impact on home heating costs is much smaller, around 2%. This difference is largely driven by the relative ...

The Trump administration is considering extracting oil from beneath US military bases to refill emergency reserves, Bloomberg ...