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

Reuters

CenterHigh FactualityPrivate Equity: The Woodbridge Company

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.

IBTimes

CenterMixed FactualityMedia Conglomerate: IBT Media

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.

The Hill

CenterHigh FactualityMedia Conglomerate: Nexstar Media Group

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…

Washington Examiner

RightMixed FactualityWealthy Private Owner: Philip Anschutz

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.”

Financial Post

Lean RightMixed FactualityWealthy Private Owner: Leon CoopermanOther: Allianz

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

Bloomberg

Lean LeftMixed FactualityWealthy Private Owner: Michael BloombergPrivate Equity: The Vanguard Group

‘NOPEC’ Bill Is Off Table as Response to OPEC+ Oil Production Cut — for Now