Reuters | US lawmakers gear up to block Trump plan to slash oil stockpile Reuters The White House's 2018 budget proposal, sent to Congress on Tuesday, proposes raising nearly $16.6 billion by 2027 by gradually selling millions of barrels from the reserve, which now holds about 688 million barrels of oil in underground caverns in ... Opec oil producers poised to extend production cuts Oil prices log 5th straight gain with OPEC expected to extend output cuts What Selling Uncle Sam's Oil Means |