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The United States’ Strategic Petroleum Reserve hit a four-decade low in mid-2023—at 347 million barrels, or less than half the reserve’s capacity—and today stands at 410 million barrels or 57% of the ...

WASHINGTON (Reuters) -A U.S. House committee released a budget proposal that includes more than $1.5 billion to replenish and maintain the Strategic Petroleum Reserve, and cancels a congressionally ...

(The Center Square) – About 1 million barrels of crude oil that will go toward replenishing the nation’s Strategic Petroleum Reserve have been purchased, the U.S. Department of Energy said Thursday.

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large draw of 4.8 ...

U.S. crude oil inventories fell by 1.8 million barrels last week and were about 4% below the five-year average for the time ...

The Biden administration is planning to announce additional sales from the nation's emergency oil stockpile as it seeks to counter market pressures created by the OPEC+ decision to cut oil production ...

“A Strategic Lithium Reserve is the simplest, fairest, and fastest policy tool available,” said Howard Klein , Founder of RK Equity. “It doesn’t pick technologies or subsidize risky projects. It ...

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (BWXT) announced today a U.S. Department of Energy award to manage and operate the Strategic Petroleum Reserve. Strategic Storage Partners, LLC ...