Connect with us

Hi, what are you looking for?

News

OPEC, Russia Stick to Gradual Oil Production Boost

OPEC, Russia Stick to Gradual Oil Production Boost

OPEC and a group of Russia-led producers agreed to keep to their gradual, monthly increase in oil output, deciding to boost production by 400,000 barrels a day next month, delegates said Thursday, rebuffing stepped-up pressure from the U.S. to boost output and ease prices.

This week at a climate change summit in Scotland, President Biden asked cartel members to open the taps, blaming tight supplies for higher oil and U.S. gasoline prices.

You May Also Like

World

France, which has opened its borders to Canadian tourists, is eager to see Canada reopen to the French. The Canadian border remains closed...

Health

Kashechewan First Nation in northern Ontario is experiencing a “deepening state of emergency” as a result of surging COVID-19 cases in the community...

World

The virus that causes COVID-19 could have started spreading in China as early as October 2019, two months before the first case was identified in the central city of Wuhan, a new study...

World

April Ross and Alix Klineman won the first Olympic gold medal for the United States in women’s beach volleyball since 2012 on Friday,...