Post Tagged with: "Secretary of Energy Dan Brouillette"

Source: Reuters

Trump administration working to ease drilling industry cash crunch

Reuters


WASHINGTON – The Trump administration is seeking to ease a severe cash crunch in the drilling industry by raising loan limits available under a coronavirus stimulus package and by barring lenders from discriminating against drillers, according to Energy Secretary …

Source: CNBC

Oil prices may now be at a bottom after historic OPEC deal, US energy secretary says

CNBC


The historic deal reached by OPEC and its oil-producing allies to cut production has worked to “stem the tide, stem the damage that was being done to the market,” since the onset of the coronavirus pandemic and the Saudi

Source: Reuters

U.S. Energy Secretary tells G20 all nations should help reduce oil surplus

Reuters


WASHINGTON  – U.S. Energy Secretary Dan Brouillette on Friday described a dire situation in global energy markets, saying that the coronavirus pandemic and massive oil surplus have created a lethal combination.

“This is a time for all nations to …

Source: Reuters

Coronavirus unlikely to have big impact on oil prices: U.S. energy secretary

Reuters


LISBON (Reuters) – The coronavirus epidemic in China has had a marginal impact on energy markets and is unlikely to dramatically push up oil prices even if Chinese demand falls by 500,000 barrels per day, U.S. Energy Secretary Dan …