White House is expected to urge heads of oil and gas companies to increase drilling, according to POLITICO

The White House's push for oil and gas companies to increase drilling indicates a response to rising energy prices and supply concerns.

Newsquawk StaffPublished On the live feed at 1 more headline followed before this page went public
Newsquawk headlinesUTC

Japanese Stock Investment by Foreigners (Apr/11) 3943.3

PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCKS NEWS: Viva Energy (VEA AT) refinery experiences a fire which will impact petrol production, while Samsung Electronics (005930 KS) is accelerating development of HBM4E

White House is expected to urge heads of oil and gas companies to increase drilling, according to POLITICO

US Pentagon approaches automakers and other US manufacturers as the Trump admin want them to play a larger role in weapons production, according to WSJ

Japanese Finance Minister Katayama says regarding exchange rates, agreed to further intensify communication with US Treasury Secretary Bessent

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This request could signal renewed government focus on energy independence and has the potential to affect oil prices, particularly WTI, as it may alleviate supply constraints. Watch for potential reactions in energy stocks and related commodities as this narrative develops.

Related headlines

The whole workspace, free to try.

Try it free