Category : Energy
An oil price increasing is probably coming soon.
The U.S. Interior Department will hold the largest lease sale in American history in the offshore Gulf of Mexico on Wednesday, in a major test of the oil industry’s appetite for federal acreage being offered by the Trump administration.
The launch of the petro-yuan now allows Moscow and Beijing to use national currencies instead.
Get ready for more asset sales in the oil and gas industry.
More countries are demanding oil imports coming in from the US.
The surge in tight oil production from the U.S. has forced companies in conventional plays to optimize operations to stay competive.
The agreement between Saudi Arabia and Russia to cut back on oil production has boosted oil prices and is now the foundation for a broader relationship.