Despite President Donald Trump’s calls to “drill, baby, drill,” many oil companies operating in the Gulf of Mexico will ...

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

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

The approach to achieving this goal appears to be to allow more drilling in areas of the United States where the previous administration would not allow. When searching the topic of remaining oil ...

The US Gulf Coast heavily relies on Venezuelan crude, with imports hitting a six-year high. While Trump has left room for ...

The pre-election promise of US President Donald Trump to refill the US Strategic Petroleum Reserve is facing a myriad of ...

Trump's promise to refill strategic reserves, meanwhile, has the potential to lift oil prices by boosting ... the reserve - designed to buffer the United States from a potential supply shock ...

President Donald Trump said during his inauguration he will declare a national energy emergency aimed at boosting oil and gas production.

Japan is considering the unprecedented release of state oil reserves after a request ... up with something” after a request from the United States, another one of the sources told Reuters.