The policy bans any U.S. government financing of overseas coal projects.
In 2020, the government spent $4.2 billion on vehicle costs.
The updated bill does not include a provision that would force Biden to impose sanctions over the pipeline.
Benchmark crude climbs over $1/bbl.
The cartel must assess the impact of the new variant of the coronavirus on oil demand and prices.
Эксперты считают, что распечатывание резервов нефти приведет к увеличению профицита нефти на мировом рынке.
Biden agreed with Asian countries on the use of SPR.
A company and two ships owned by it are subject to sanctions.
New quarantine restrictions in Europe shows that the growth rate of global oil demand may turn out to be weaker.
India has rejected a US request to open strategic oil reserves.
Biden also urged Asian countries to consider selling raw materials from stocks to ease the pressure on the market.
The oil market was not supported even by the data on the reduction of oil stocks in the US last week.