With President Donald Trump beginning a "new war" in Iran, and oil prices starting to rise as a result, America's emergency oil stockpile is reaching dangerously low levels. Last week, the Energy ...

Energy Department says operational minimum for the storage caverns is about 70 million barrels, a level far lower than oil industry estimates Crude stockpiles in the U.S. Strategic Petroleum Reserve ...

America's emergency stockpile of oil needs a refill. The Strategic Petroleum Reserve dropped to its lowest point since the early summer of 1983, when it was still in its early stages. The latest data ...

Negotiations between Iran and the U.S. have narrowed differences but failed to resolve the Lebanon conflict, keeping the Strait of Hormuz at risk. Despite positive diplomatic statements, actual tanker ...

The U.S. supply of emergency oil has hit its lowest level since 1983, according to newly released federal data. The U.S. Strategic Petroleum Reserve (SPR) is down to 340.3 million barrels, according ...

The U.S. Strategic Petroleum Reserve has fallen to the lowest level in more than 40 years, according to the Department of Energy. Oil executives have warned that global inventories are rapidly ...

Emergency stockpiles of crude oil in the United States have hit the lowest level they have been since the 1980s, as the oil and gas markets grapple with the fallout from the war in Iran. The ...

The amount of oil in the US Strategic Petroleum Reserve plunged last week to the lowest level since 1983 as the Trump administration continues to deploy emergency oil to minimize the damage from the ...

Since the war with Iran began, the Trump administration has drawn down the U.S.’s emergency oil reserve to near its lowest level since the Reagan era. In a bid to keep exports flowing and reduce ...

The U.S. Strategic Petroleum Reserve (SPR) is dropping toward Biden-era lows toward levels not seen since the Reagan administration. According to the latest data from the U.S. Energy Information ...

The US Strategic Petroleum Reserve has taken a beating during the Iran war, but Energy Secretary Chris Wright says the government's emergency oil stash is headed for a surprisingly lucrative refill.

Stockpiles in the nation's Strategic Petroleum Reserve are near their lowest in more than 40 years - but it may not matter The Bryan Mound in Texas, one of four locations where the U.S. keeps its ...