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CNBC

Oil market heads for ‘biggest supply crisis in decades’ with Russia’s exports set to fall, IEA says

Source: Oil and Gas The International Energy Agency said 3 million barrels per day of Russian production could be lost beginning next month, squeezing an already tight global oil market.…

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March 16, 2022
CNBC

China’s Covid resurgence is part of the reason oil prices plummeted from record highs

Source: Oil and Gas A renewed Covid wave which has caused widespread lockdowns in China is a key development causing oil prices to plummet from record highs, according to analysts.…

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March 16, 2022
CNBC

Shell’s board of directors sued for ‘failing to properly prepare’ for the energy transition

Source: Oil and Gas The case is thought to be the first time ever that a company's board has been challenged over its failure to adequately prepare for the energy…

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March 15, 2022
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