ExxonMobil is borrowing up to 1 million barrels of crude from the Strategic Petroleum Reserve due to contaminated offshore supplies impacting its Baton Rouge refinery, a move authorized by the ...

The U.S. Department of Energy (DOE) authorized an exchange from the Strategic Petroleum Reserve (SPR) with ExxonMobil ...

The broader trend suggests that other market forces (such as supply shocks, demand growth, and geopolitical risk) likely play ...

No tax on auto loans? No more EV credits? No more CAFE rules? It’s all complicated, and we’ve got it all broken down.

Department of Energy authorized the exchange of as many as 1M barrels from the US Strategic Petroleum Reserve to ease the ...

The U.S. Department of Energy has authorized the release of 1 million barrels from the Strategic Petroleum Reserve to address ...

A refinery in Louisiana will receive crude from the nation’s stockpile to help address offshore oil supply issues.

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...

The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...

Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...

Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits ...

U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his ...