Massive crude oil tanks in Cushing, Oklahoma—the main hub of America's energy market—are reportedly growing dangerously depleted as President Donald Trump's war in Iran stretches into its 105th day.

The amount of oil and fuel stored by businesses and governments has fallen sharply since the start of the U.S.-Israeli war against Iran. Weekly levels from 2019-2026 Note: Figures are total crude held ...

Cushing, Oklahoma, dubs itself the pipeline crossroads of the world. The tagline is emblazoned on a giant roadside sign fashioned out of pipes on the corner of Main Street and South Stiles Road. It ...

The nation's emergency reserve for oil and fuel supplies is slipping below Biden-era lows to its most exhausted level since the Reagan era—when the nearly 50-year-old U.S. Strategic Petroleum Reserve ...

However, the real risk in the drawdown on U.S. stockpiles is that it can only go on for so long before the high level of exports will likely need to be curtailed. At the end of May, inventory in ...

LONDON, June 4 (Reuters) - Iranian exports of crude oil and condensate fell to their lowest level in ‌at least six years in May, falling well below 300,000 barrels per day, mainly due to the U.S.

The oil industry is warning the Trump administration that a Hormuz-sized hole in the world’s petroleum market is steadily draining inventories to levels that are likely to send global energy prices ...

Oil futures settled Wednesday at their highest level in more than a week, after the Energy Information Administration reported a sixth straight weekly drop in U.S. commercial crude supplies and ...

PINE LEVEL, Ala. (WSFA) - Three thousand people across Autauga County, Northwest Elmore County, and southern Chilton County who get their water from the Marbury Water System are under an emergency ...

Headline global inventory figures can be misleading, Currie warned, as much of the oil stored worldwide cannot be used immediately. "Europe, give it about another month, and look for July being a ...

Fire officials issued urgent evacuation orders Friday for a Southern California community as emergency crews scrambled to manage an enormous chemical tank that is "actively in crisis" and threatening ...