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Alaska North Slope production averaged 431,768 barrels per day in July, down 32,020 bpd, 6.9%, from a June average of 463,788 bpd and down 8.6% from a July 2022 average of 472,481 bpd. Crude oil accounted for 90.1% of the total, 388,840 bpd in July, down 26,092 bpd, 6.3%, from a June average of 414,. ....
Opec’s apparent insensitivity to global inflation woes reflects geopolitical realities in a world that’s too divided to act in everyone’s common interest. The G20 should address this fragility ....