OPEC+ is extending voluntary oil output cuts of 2.2 million barrels per day into the second quarter and this is expected to cushion the market
Consumers will have to shell out a few fils more as authorities announced a hike in petrol prices for February
The Southern African nation’s announced departure follows its protest against OPEC+’s decision to cut its output quota for 2024
Production restraint by OPEC+ allies has been more than offset by output growth from US shale firms and other sources
The interview conducted by TV host Bret Baier touched upon a range of international issues
A global health emergency and collapse in crude oil prices have ratcheted up the pressure to address the sector’s critical challenges: efficiency, agility and growth