Oil posted a third straight weekly gain as President Trump said the US 'may do it a little bit further' and Houthi attacks on Saudi Arabia raised supply worries.
Energy & Climate
Power, prices and transition.
Energy markets, the energy transition and the economics of climate.
Trump invokes Defense Production Act to expand US oil production and refining
A presidential memorandum declares petroleum essential to national defence, opening the way for federal financial support as fuel prices stay high.
Latest in Energy & Climate
- Oil & Gas
Brent climbs above $116 on fears of renewed US strikes on Iran
Oil posted a third straight weekly gain as President Trump said the US 'may do it a little bit further' and Houthi attacks on Saudi Arabia raised supply worries.
- Energy Security
Trump invokes Defense Production Act to expand US oil production and refining
A presidential memorandum declares petroleum essential to national defence, opening the way for federal financial support as fuel prices stay high.
