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OPEC+ reduces oil output boost despite high gas prices

The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than in previous months at a time of high gasoline prices and unstable energy supplies exacerbated by Russia's war in Ukraine.

OPEC+ boosts oil output by slower pace than previous months | iNFOnews | Thompson-Okanagan s News Source

OPEC+ boosts oil output by slower pace than previous months | iNFOnews | Thompson-Okanagan s News Source
infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.

Opec+ oil production boost to be slower than earlier months

The Opec and its allies decided on Wednesday to boost production in September by a much slower pace than in previous months at a time of high gasoline prices and unstable energy supplies exacerbated by Russia’s war in Ukraine.

OPEC vet assumes cartel s top position

DUBAI, United Arab Emirates A veteran of Kuwait s national oil company took over Monday as secretary-general of the OPEC oil cartel, just three weeks after his Nigerian predecessor died, only hours after giving a speech in defense of the energy industry.

Hope for Uganda s oil as the G7 shift goal posts

Oil is expected to retain the largest share of the energy mix, accounting for a 28 percent share in 2045, followed by gas at around 24 percent

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