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U.S. Dept. of Interior urged to fully leverage offshore energy resources

Oil & Gas 360º

(World Oil) – The American Petroleum Institute today joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf as a secure source of affordable, reliable energy.

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Oil Jumps on Vietnam Trade Deal

Rigzone

The price gains came despite government data Wednesday showing a buildup in US crude inventories of 3.85 The increase is the largest in three months, and more than five times the 680,000 barrel increase projected by the industry-funded American Petroleum Institute on Tuesday. million barrels.

Oil