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U.S. bill pressuring OPEC+ after oil production cut gains momentum

Summary by Reuters
Top U.S. senators from both parties on Thursday gave momentum to a bill pressuring OPEC+ after the group this week announced a deep cut in oil production despite lobbying by President Joe Biden's administration to keep the taps open.
Published 4 months ago · Washington, United States

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U.S. bill pressuring OPEC+ after oil production cut gains momentum

Top U.S. senators from both parties on Thursday gave momentum to a bill pressuring OPEC+ after the group this week announced a deep cut in oil production despite lobbying by President Joe Biden's administration to keep the taps open.

4 months ago·United Kingdom
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U.S. Bill Pressuring OPEC+ After Oil Production Cut Gains Momentum

Top U.S. senators from both parties on Thursday gave momentum to a bill pressuring OPEC+ after the group this week announced a deep cut in oil production despite lobbying by President Joe Biden's administration to keep the taps open.

4 months ago·United States
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Energy & Environment — Schumer eyes ‘NOPEC’ bill after oil cuts

OPEC’s production cuts are both renewing interest in a bill that would make the cartel’s oil companies subject to lawsuits and prompting calls to reevaluate the U.S.-Saudi relationship. Meanwhile, President Biden is expected to designate a new national monument in Colorado next week.   This is Overnight Energy & Environment, your source for the latest…

4 months ago·Washington, United States
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Schumer rips Saudi Arabia over oil production cuts

Senate Majority Leader Chuck Schumer (D-NY) blasted Saudi Arabia for backing oil suppy cuts, saying that Congress is looking at its options on how to best handle the “appalling and deeply cynical action.”

4 months ago·Washington, United States
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Republican U.S. senator seeks to advance bill pressuring OPEC+

WASHINGTON -- Republican U.S. Senator Chuck Grassley said on Thursday he will try to add his bill pressuring OPEC+ to an annual defense policy bill after the group this week announced an oil production cut. Read More

4 months ago·Canada
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‘NOPEC’ Bill Is Off Table as Response to OPEC+ Oil Production Cut — for Now

4 months ago·United States
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