Oil

The United States announced that it will loan 53 million barrels of oil from the Strategic Petroleum Reserve (SPR) to petroleum companies in an effort to relieve elevated prices.

The final oil tanker from the Middle East arrived at the Port of Long Beach on Monday, and California's oil industry unloaded on the state's Democratic leadership the same day it arrived.

The United States may release up to 92.5 million barrels of crude oil from its Strategic Petroleum Reserve (SPR).

The United Arab Emirates announced that it will exit the Organization of the Petroleum Exporting Countries on May 1, 2026.

U.S. forces boarded a sanctioned oil tanker in the Indian Ocean overnight Tuesday, seizing the vessel as part of ongoing efforts to cut off Iran's illicit crude oil exports amid a ceasefire that expires Wednesday.

President Trump signed a memorandum boosting domestic petroleum production.

President Trump broke publicly Monday with his Energy Secretary over when Americans can expect relief at the gas pump, telling reporters Chris Wright is "totally wrong" after Wright predicted prices might not come down until 2027.

President Trump issued several pipeline permits to support the flow of oil between the United States and Canada.

Chevron announced that it has reached an asset swap agreement with Venezuelan entities.

Hours after agreeing to reopen the Strait of Hormuz, Iran blocked oil tankers from transiting the waterway Wednesday and threatened to destroy any vessel that attempts to pass without permission from the Iranian navy.