Saturday, December 28, 2024
OPEC sees smaller 2020 oil surplus ahead of policy meeting- oil and gas 360

OPEC sees smaller 2020 oil surplus ahead of policy meeting

Reuters: OPEC said on Thursday it expected demand for its oil to fall in 2020 as rivals pumped more despite a smaller surplus of crude in the global market, building a case for the group to maintain supply curbs when it meets to discuss policy next month. In its last monthly report before the Dec. 5-6 talks, OPEC said demand

Dan Brouillette oil and gas 360

Trump energy pick to face questions on coal, nuclear power

Reuters:  President Donald Trump’s pick to run the Energy Department, Dan Brouillette, will face questions at his U.S. Senate confirmation hearing on Thursday on issues including the future of coal and nuclear power. Brouillette, 57, a former lobbyist at Ford Motor Co and Louisiana state energy regulator, would replace Rick Perry, who has said he is stepping down on Dec.