Saudi crude oil supply to China to slump in April, sources say
Saudi Arabia's shipments of crude oil to its biggest customer, China, are expected to drop in April to their lowest in more ...
US estimates it will take $20 billion and years to refill oil reserve
U.S. Energy Secretary Chris Wright estimates it would take $20 billion and years to accomplish President Donald Trump's goal ...
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US plans $20bn investment to refill oil reserve
The US Energy Secretary, Chris Wright, has announced plans to seek up to $20bn to achieve President Donald Trump's objective ...
Rate Cuts Are Probably Coming, but Not Because of a 'Soft Landing'
This is an online version of our Markets A.M. newsletter by Spencer Jakab. Get investing insights in your inbox each weekday ...
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Trump tries refilling critical fuel stockpile, but Biden’s drain may do lasting damage, experts say
While former President Joe Biden wasn’t the first president to use the Strategic Petroleum Reserve for political reasons, he drained it more than any president before him. The frequent draws and ...
USGC Finds Undiscovered Oil, Natural Gas Resources in Four Western States -- OPIS
Since exploration began in the upper Paleozoic reservoirs of the Wind River, Bighorn and Powder River basins in the 1920s, the area has produced some 4 billion bbl of oil, equivalent to about six ...
Energy secretary to seek $20B to refill depleted U.S. strategic oil reserve
U.S. Energy Secretary Chris Wright plans to seek as much as $20B to fulfill President Trump's goal of refilling the country's ...
What is stagflation? Uncertainty grows amid Trump tariffs, economic slowdown
Some analysts fear tariffs will not only make goods more expensive, but could create "stagflation" - a period of slow growth but high inflation.