US President Donald Trump’s government is looking to deepen its economic ties with Pakistan at a time when trade deal talks ...

Oil prices rose about 1% on Thursday after U.S. President Donald Trump warned of "severe consequences" if his talks with ...

There has been much debate about Pakistan’s oil reserves following yesterday’s announcement by U.S. President Donald Trump ...

Oil prices were stable on Thursday as investors weighed the potential impact of Friday's U.S.-Russia summit on Ukraine on ...

Oil prices climbed on Thursday as investors weighed what impact the U.S.-Russia summit on Ukraine on Friday might have on ...

An oil pump in Culver City, Calif. President Biden is proposing the release of 15 million more barrels of oil from the reserves to try to temper high gas prices. (Kyle Grillot/Bloomberg News) ...

U.S. crude oil inventories rose by 3 million barrels last week as domestic production and imports increased.

The strategic petroleum reserve is the country’s emergency stockpile of oil. The 180 million barrel release would drop the reserve levels to 388 million barrels — the lowest levels since 1984.

The reserve now contains about 400 million barrels of oil, its lowest point in 40 years. Still, the White House says that's more than sufficient to tap further, if needed.

A Texas agency overseeing 13 million acres of state land is warning that toxic waste fluid from shale drilling threatens to ...