According to data from oil service provider Baker Hughes, the number of active oil rigs in the US fell by a further six last ...

Biden went on to unleash 260 million barrels of US oil from its reserves, decreasing supply to its lowest levels since 1983, Energy Department data from last month shows. Getty Images.

Between March 4 and Oct. 14, the U.S released 172.4 million barrels, according the the U.S. Energy Information Administration. How much oil is in the Strategic Petroleum Reserve in 2022 ...

P.M. Edition for March 31. President Biden says the U.S. will release up to 180 million barrels of oil, or about 1 million barrels a day, to help tame soaring energy prices amid the war in Ukraine.

U.S. proven reserves of crude oil and lease condensate totaled 29.5 billion barrels in 2011, a 15-percent increase from the previous year and the highest level since 1985, according to a new ...

US oil exports from the Gulf Coast were on pace to hit an all-time high of 3.3 million barrels per day in the second quarter of 2022, Rystad said, edging past the previous high of 3.2 million in ...

In 1980 the U.S. had enough proved oil reserves to last 10 years. Since then, the U.S. has produced oil equivalent to over 3 times that amount. Robert Rapier discusses the growth in oil reserves ...

In this article, we are going to discuss the 15 states with the largest oil reserves in the US. You can skip our detailed analysis of the economic contributions of the American oil and gas sector ...

In 2018, U.S. proved reserves of crude oil jumped by 12 percent, from 39.2 billion barrels at the end of 2017 to 43.8 billion barrels at end-2018, for the new record in proved oil reserves, ...

China confirmed on Wednesday that it would join the United States and other major energy-consuming nations in releasing strategic oil reserves to try to cool high prices and tame inflation.