Republican Budget Bill Increases Oil and Gas Production, Eliminates Environmental Review | National
Republican budget bill boosts oil and gas production, scraps environmental review | National (The Center Square) – Republicans are using the budget reconciliation process to push through sweeping energy reforms despite Democratic opposition, including boosting oil and gas drilling on federal lands. During a bill markup Tuesday, the House Committee on Natural Resources outlined its […]
Oil Price Forecast: US Increases Crude Production While OPEC Considers Boosting Supply
Oil price outlook: US pumps more crude as OPEC eyes more supply Exxon Mobil Corp. and Chevron Corp. capped Big Oil earnings season by revealing blockbuster increases in fossil fuel production — just as OPEC and its allies are preparing to increase the supply of crude into the global market. The US oil majors’ increases […]
Saudi Arabia Increases Oil Prices for Asian Markets
Saudi Arabia Raises Oil Prices to Asia The world’s largest crude exporter, Saudi Arabia, has raised the price of its flagship grade to Asia by more than expected amid high volatility in international oil prices amid the escalating conflict in the Middle East. Saudi Aramco in the weekend raised the price of its Arab Light […]