The release will help consumers, but not investors. June 23, 2011— -- Oil prices plummeted after the U.S. and other nations announced the release of 60 million barrels from strategic energy ...

The South American country increasingly at odds with the Trump administration has the world’s largest oil reserves.

The Department of Energy said Tuesday it is looking to buy 1 million barrels of oil for the U.S. Strategic Petroleum Reserve, seeking to take advantage of low oil prices to start refilling the country ...

ISLAMABAD (AP) — The United States and Pakistan reached a trade agreement expected to allow Washington to help develop Pakistan’s largely untapped oil reserves and lower tariffs for the South Asian ...