The Biden administration may not be able to take full advantage of the recent drop in oil prices as it seeks to refill its depleted crude oil reserve, the Energy Department’s No. 2 official said ...

The administration is offering to buy oil at fixed future prices, but U.S. oil companies are wary of boosting output.

U.S. and global benchmark oil prices have seen their share of big moves since Israel launched attacks on Iran late last week.

With its clever refill cans, the go-to olive oil for TikTok chefs and shoppy shops is making a play for sustainability-minded consumers—with characteristic playfulness. In the two years since ...

America’s emergency oil stockpiles have plunged to 40-year lows under President Joe Biden as US officials have sought to cushion consumers from high gas prices.

America’s emergency oil stockpiles have plunged to 40-year lows under President Joe Biden as US officials have sought to cushion consumers from high gas prices.

President Donald Trump’s plan to refill the US’s emergency crude storage system — “right to the top,” in his words — would help protect against future oil-price shocks. But it’s ...

Former President Donald Trump is vowing to refill the nation’s strategic oil stockpile if he returns to the White House next year, seeking to elevate the issue ahead of the November elections.

The Biden administration announced on Friday that it plans to buy 2.7 million barrels of oil to help replenishing the nation's Strategic Petroleum Reserve.

The Biden administration may not be able to take full advantage of the recent drop in oil prices as it seeks to refill its depleted crude oil reserve, an Energy Department official said Dec. 4.

On Wednesday, President Biden said for the first time that the Energy Department would begin purchasing oil to refill the U.S. Strategic Petroleum Reserve when oil prices are $67 to $72 a barrel, ...