WASHINGTON (AP) — President Joe Biden on Thursday ordered the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, a bid to control energy prices that have spiked after the United States and allies imposed steep...
LONDON (AP) — OPEC and allied oil producers including Russia decided Thursday to stick to a modest increase in the amount of crude they pump to the world, a step that supports higher prices even as the Biden administration plans to try to lower them...
WASHINGTON (AP) — President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation’s strategic petroleum reserve, according to two people familiar with the decision, in a bid to control energy prices that...
By Josh Boak And Matthew Daly in Washington WASHINGTON (AP) — Facing higher oil prices after Russia’s invasion of Ukraine, President Joe Biden is looking at invoking the Defense Production Act this week to increase the mining of critical minerals for the...
By Lujain Jo in Doha DOHA, Qatar (AP) — Ukraine’s president called Saturday on energy-rich nations to increase their production of oil and natural gas to counteract the loss of Russian supplies amid sanctions over Moscow’s war on his country. Volodymyr...