The U.S. plans to release as much as 40 million barrels of oil from its emergency stockpile as the Trump administration seeks to ease fuel prices ahead of the November midterm elections. The latest ...
WASHINGTON, Sept 29 (Reuters) - The US Government said on Tuesday it is offering to loan ‌energy companies up to 40 million barrels of oil from the Strategic Petroleum Reserve, the last US batch of ...
Gulf oil producers, with considerable support from the US Navy, are jamming crude through the Strait of Hormuz, right under Iran’s nose. Oil and petroleum product flows through the critical chokepoint ...
PITTSBURGH, PA / ACCESS Newswire / September 29, 2026 / Alpha Compute Corp. (NASDAQ:ALP) ("Alpha Compute" or the "Company"), a vertically integrated technology pioneer in Sovereign Intelligence, ...
A move by the U.S. to temporarily halt diesel exports amid record-high prices would initially lower costs, but a prolonged ban could drive up domestic gasoline prices, according to Goldman Sachs.
Deep in the giant underground salt caverns of Louisiana and Texas, the U.S. government stores hundreds of millions of barrels of crude oil. The Strategic Petroleum Reserve is a special government oil ...
Oil prices fell Friday as investors assessed prospects for U.S.-Iran diplomacy aimed at reopening the Strait of Hormuz while keeping a measure of caution given continued Houthi threats to Saudi energy ...
Saudi Arabia has sold almost 100 million barrels of crude to Asian buyers via the Strait of Hormuz since the middle of last week, when it pivoted to the chokepoint it wanted to avoid with the ...
Mike McGlone warns that Bitcoin’s first monthly close above $100,000 could resemble oil’s move above $100 a barrel in 2008: a milestone that proved difficult to sustain. The comparison has a key ...
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When the news this week came out about oil spiking back up above $100 a barrel, analysts didn’t seem to be too concerned. This may be unusual: in the past, oil price surges sent shockwaves through ...
Oil prices rose in a volatile session amid renewed Middle East escalation concerns after Saudi Arabia said it intercepted six ballistic missiles launched at the kingdom, while U.S.-Iran talks showed ...