Global energy watchdog pledges largest release from oil reserves amid war on Iran. But is ‘one-shot’ tactic sufficient?

The members of the International Energy Agency will release 400 million barrels of oil, the largest such coordinated action on record.

Here is a look at what happened in oil markets in the week of Jan. 12-16 and what the focus will be in the days to come. OVERVIEW: Oil prices are on track for weekly gains as supply risks remain in ...

Crude oil stocks, not including the SPR, stood at 435.8 million barrels on February 20, the EIA's latest weekly petroleum status report showed. U.S. commercial crude oil inventories, excluding those ...