A spike in oil prices on Jan. 11 left Americans once again wondering how deep they will have to dig into their wallets to pay for gasoline and home heating, even though the price hike came less than.
FRANKFURT, Germany OPEC and allied oil-producing countries decided Tuesday to pump more oil to the world economy amid hope that travel and demand for fuel will hold up despite the rapid spread of the omicron variant of COVID-19.
The OPEC+ oil producing countries came to an agreement today to continue ahead with their plans of gradually increasing monthly outputs of oil in February amid growing omicron fears and doubts that.
The Omicron variant of COVID-19 is spreading rapidly. New COVID cases during the last week of December hit a record seven-day average of 265,000 cases, higher than the previous record of 252,000 cases.