Depleting strategic oil reserves could prove ‘painful in the months to come’: Saudi energy minister

“‘It is my profound duty to make it clear to the world that losing emergency stock may become painful in the months to come.’” — Prince Abdulaziz bin Salman, Saudi energy minister That’s Prince Abdula...

Exxon CEO Warns Biden Administration Against Limiting Fuel Exports

Exxon Mobil is pushing back against reductions of U.S. fuel exports urged by the Biden administration in August, arguing that restricting shipments would further squeeze global supplies and lift pump ...