As countries scramble to tap all available inventories amid the protracted Mideast supply shock, the US is leading the charge on releasing supplies from its strategic reserves.

As countries scramble to tap all available inventories amid the protracted Mideast supply shock, the US is leading the charge on releasing supplies from its strategic reserves.

Standard Chartered warns the rapid SPR drawdowns and other emergency measures are only temporary fixes, with physical oil market tightness likely to return once reserve releases…

Global oil stockpiles are shrinking at a record pace this month, with visible crude and fuel inventories falling by 8.7 million barrels daily. This sharp drawdown reflects severe…

Emergency US oil reserves hit near two-year low amid global supply shock