Oil Stabilizes but Continues to Head Toward Weekly Decline
Oil prices remained relatively unchanged on Friday but are still on course for a weekly loss due to concerns on the possibility of significant increases in interest rates, which are anticipated to slow both global economic growth and fuel demand.…
OPEC considers the shift from oil to renewables to be risky
According to the Organization of Petroleum Exporting Countries (OPEC), the narrative that the energy shift is from oil and other fossil fuels to renewables is "misleading" and "possibly hazardous." This comes only hours After the release of the Glasgow Climate…