Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...

Oil futures tallied their first weekly loss in five weeks on Friday as recent comments from President Donald Trump suggested ...

The perception of the impact of President Trump’s tariff threats and his call for OPEC to lower prices fueled price drops.

Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S.

Former President Joe Biden's eleventh-hour decision to impose tougher sanctions on Russian crude oil sales may make it difficult for President Trump to make good on his promise to reduce oil and ...

Fuel and electricity prices are below historic averages. The U.S. is the largest producer of crude oil and natural gas in ...

Oil prices edged up on Friday but remained on track for a weekly decline after U.S. President Donald Trump announced sweeping ...

The American Petroleum Institute's chief executive spoke about fuel costs as well as artificial intelligence at a conference ...

Oil prices were on course to end the week lower after US President Donald Trump urged OPEC to lower crude prices.

Trump, on his first day in office, suggested he may do just that. Trump has threatened to impose 25% tariffs on all goods ...

Oil futures finished Thursday at their lowest in two weeks after President Donald Trump said he would ask Saudi Arabia and OPEC to lower oil prices, implying that he would pressure major oil producers ...

The main reason oil sold off is because Trump is calling on the Organization of the Petroleum Exporting Countries to lower oil prices, Phil Flynn, senior market analyst at the Price Futures Group, ...