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There will be oil: US, IEA counter Putin’s war

The United States and the other 30 member countries of the International Energy Agency agreed on March 1 to release 60 million barrels of...

EU, US discuss energy security as Russia-Ukraine tensions rise

The United States will do everything it can to help ease any disruptions to Europe’s energy supply, US Secretary of State Antony Blinken said...

Tackling oil prices, US to release 50 mln barrels of crude from the Strategic Petroleum Reserve

In response to the highest oil prices in seven years, the Biden administration has taken a decisive action to address lack of supply and...

OPEC+ meets as Saudis keep finger on the pumps, Russia wants gradual output increase

The Organization of Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, convened for talks chaired by Saudi Energy Minister Abdulaziz...

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