Why crude released from U.S. oil reserves may have ended up being exported overseas

U.S. drivers had high hopes that the historic release of oil from the nation’s Strategic Petroleum Reserve would help ease triple-digit prices of crude oil and reduce gasoline prices at the pump, but ...

Opinion: Ukraine war is a wake-up call to ditch oil and gas forever

That invasion, and the subsequent U.S. ban on oil imports from Russia, are partly responsible, but they aren’t the only reason. According to the U.S. Energy Information Administration, the impact of t...

OPEC: There’s ‘no capacity’ to replace Russia’s 7 million barrels of oil per day

“ “There is no capacity in the world that could replace 7 million barrels per day.”” That was OPEC Secretary General Mohammed Barkindo talking to reporters about potential bans on Russian oil imports ...