President Donald Trump pledged to replenish the nation’s Strategic Petroleum Reserve after the Biden administration sold nearly 200 million barrels of its stock — but that won’t be as simple as buying ...

The Biden administration has dismissed concerns expressed by Republican lawmakers that the record drawdown in crude oil stocks from the strategic petroleum reserve had damaged the salt cavern system ...

BEIJING, May 21 (Reuters) - China is likely to complete the second phase of its strategic petroleum reserves (SPR) project in 2015, two years behind schedule, the country's top investment bank said on ...

HOUSTON, April 26 (Reuters) - Last year's record drawdown of the U.S. Strategic Petroleum Reserve oil stocks may boost the longevity of the underground storage caverns, according to the national ...