The cartel’s move to increase output by 188,000 barrels per day is largely symbolic, with vast amounts of the world’s oil stranded by the effective shutdown of the Strait of Hormuz.
Business
·
OPEC Plus to Boost Oil Production as Ceasefire in Iran Remains Elusive
CN
CitrixNews Staff
Originally reported by New York Times. Read the full story at the original source.
Related Articles
Business
2 Planes With Same Call Sign in Phoenix Could Have Been ‘Disastrous’
An air traffic controller noticed that two planes — one departing, one landing — were both flight 2482. He acted quickly...
CitrixNews Staff
·
9 hours ago
Business
‘It’s archaic’: the struggle to heat poorly insulated homes let by royal estates
A number of idyllic-looking homes in estates owned by King Charles and Prince William do not meet energy standards for r...
CitrixNews Staff
·
10 hours ago
Business
‘Strategic change and grasping nettles’: where now for John Lewis as boss exits?
Peter Ruis appeared ‘to be doing a good job in difficult circumstances’ at department store chain, says analyst“Going up...
CitrixNews Staff
·
12 hours ago
Business
The Cutthroat Wearables Battle Is About More Than Tracking Your Fitness
Google, Apple, Samsung and upstarts like Oura are racing to integrate data from their wearable devices into the health c...
CitrixNews Staff
·
14 hours ago