Barrels continued to rise, reaching $2.6225 per pound and tacking on 5.75 cents to set yet another record-high price. At the ...
The DOE said it has bought more than 50 million barrels so far at an average price of $76 a barrel. The SPR held 380.6 barrels of oil as of Sept. 13, according to the U.S. Energy Information ...
The U.S. is seeking to buy up to 6 million barrels of oil to help replenish the Strategic Petroleum Reserve after a historic ...
Crude futures rose on tensions in the Middle East and hopes of a Fed rate cut. The Biden administration will attempt to ...
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