Tuesday, March 31, 2020

U.S., Russia energy officials had 'productive' talks about oil market plunge

U.S., Russia energy officials had 'productive' talks about oil market plunge
U.S. Energy Secretary Dan Brouillette spoke with his Russian counterpart Alexander Novak about the slump in global oil markets on Tuesday, and they agreed to hold future discussions involving other major world oil producers and consumers, the U.S. Energy Department said in a release.


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Exclusive: U.S. plans to lease space to energy companies to store oil in emergency reserve

Exclusive: U.S. plans to lease space to energy companies to store oil in emergency reserve
The U.S. Department of Energy plans to announce as soon as Wednesday it will allow oil companies to lease space in the emergency oil reserve, as it seeks to comply with President Donald Trump's directive to fill the facility to capacity, two industry sources said.


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