JOHANNESBURG - March 6 witnessed with horror as the price of crude oil stumbled unexpectedly ... someone shouted "price war". And so in black and white pose, the crisis got stuck in mid-frame ...

Former President Donald Trump slammed President Joe Biden for announcing that he would release oil from ... barrels of crude in the stockpile. When he departed from the White House four years ...

OPEC+ announced that it would cut production by two million oil barrels per day. The White House on Wednesday expressed disappointment following the announcement from OPEC+ that it would cut two ...

The Department of Energy will release 15 million more barrels from the Strategic Petroleum Reserve and plans additional releases this winter. By Alan Rappeport WASHINGTON — The United States ...

The White House did not immediately ... European Union threaten retaliation – will cut oil demand growth in half this year to 450,000 barrels per day. That demand slump could result in an ...

In total, the White House tapped the reserve four times last year, including when Biden ordered a record-setting 180 million barrels of oil released from the reserve. The repeated withdrawals ...

Just after 11 a.m. Eastern time, both international and domestic benchmark oil prices had dropped by about 8%, inching closer to $60 a barrel. Brent crude had fallen by 7.93% to $64.58 per barrel ...

and oil is trading at $90 per barrel. President Joe Biden has announced a plan to replenish the reserve if oil drops below $75. White House press secretary Karine Jean-Pierre was asked why ...

The White House said Tuesday it will also consider additional releases from the Strategic Petroleum Reserve this winter. President Joe Biden will release an additional 15 million barrels of oil fr ...

Crude prices climbed back above $60 a barrel as investors breathed a sigh of relief. By Rebecca F. Elliott U.S. oil prices bounced back to around $62 a barrel on Wednesday afternoon, more than ...