The world is guzzling so much oil from commercial and strategic inventories that they risk falling below their minimum operating levels. | World News

The prospects for a peace deal, falling Chinese demand and some workarounds to the Strait of Hormuz closure have helped to stop crude market from going haywire | World News

Oil Executives Are Sounding the Alarm Over Dwindling Stockpiles

The world is guzzling so much oil from commercial and strategic inventories that they risk falling below their minimum operating levels. | World News

Oil Slides as U.S., Iran Reach Deal to Reopen Hormuz

Oil Plunges as U.S., Iran Reach Deal to Reopen Hormuz But Outlook Remains Uncertain

The US Strategic Petroleum Reserve has dropped to 349.2 million barrels, a 43-year low, as Trump drains reserves to fight gas prices amid the Iran crisis.