Hours after United States benchmark crude prices stunned even hardened oil veterans with a sudden, sharp crash into negative territory, President Donald Trump said his administration will look at a proposal to block Saudi Arabian oil shipments to the US to help buoy the US shale oil industry against an ...
The US Department of Energy’s (DoE) emergency petroleum supply will be filled to the brim, Trump said at the White House Coronavirus Task Force briefing on Monday. “We are filling up our national petroleum reserves. We are looking to put as much as 75 million barrels into the reserves themselves,” ...