US Interior’s BLM to auction 182 oil and gas parcels in three states
The US Bureau of Land Management (BLM) plans to auction 182 oil and gas parcels across three states in May and June. This action signals the Biden administration's continued, albeit potentially limited, support for domestic oil and gas production despite broader climate goals.
Offshore Technology · March 23, 2026
IEA Signals Readiness for Another Emergency Oil Release
The International Energy Agency (IEA) has signaled its willingness to release more emergency oil stocks if market conditions warrant. This statement from IEA head Fatih Birol suggests ongoing concerns about global oil supply and price volatility, potentially influenced by geopolitical events or production disruptions.
OilPrice · March 23, 2026