Translated from Russian By Topcor.ru The decision of major OPEC+ members, Russia and Saudi Arabia, to reduce oil production has intensified inflationary pressure, posing a…
Posts tagged as “OPEC”
By Tyler Durden A spokesperson for the National Security Council at the White House has responded to OPEC+’s decision to cut crude production by 1…
by Tiffany Layne Look out folks! Another gas price spike is headed our way, and thereâs nothing Biden can do about it. Because frankly, heâs…
by Cristina Laila Joe Biden on Thursday briefly stopped to chat with reporters on the South Lawn as he departed for Poughkeepsie, New York. Reporters…
By Cristina Laila Joe Biden on Thursday briefly stopped to chat with reporters on the South Lawn as he departed for Poughkeepsie, New York. Reporters…
By Tsvetana Paraskova OPEC+ is currently pumping 2.6 million barrels per day below its target. Since OPEC+ started reversing last year the record cuts from…
BY TYLER DURDEN Update (9:37am ET):Â just as expected, this hit moments ago on Reuters: OPEC+ JTC MEETING DID NOT DISCUSS EXEMPTING RUSSIA FROM OIL…
By Charles Kennedy The energy ministers of the worldâs leading industrial nations on Friday urged OPEC to increase oil supply amid high oil prices that…
By Darlene Casella The U.S. dollar was adopted as the global currency reserve at the Bretton Woods Conference in 1944.  President Xi Jinping lusts for the Chinese Yuan…
by Ryan Fitzmaurice, Senior Commodity Strategist at Rabobank Summary The White House is playing the political blame game with respect to high gasoline prices Several…