Tag: Organization of Petroleum Exporting Countries (OPEC)

Chart of the Day: Get Ready for Higher Oil Prices – The Saudis Strike Again

OPEC stunned the market by announcing oil production cuts of around 1.15 million barrels daily. The announcement came ahead of the actual OPEC meeting.

OPEC+ Agrees to Sharply Cut Oil Output in Blow to Biden

OPEC+ alliance of crude-producing countries agreed to deep cuts in oil output delivering blow to Biden’s pleas to boost production to help quell soaring inflation.
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If the Petrodollar Dies, So Does America As A Superpower

Marin Katusa: The Petrodollar is actually a device invented by Kissinger and Nixon. Narrator: The standard of living of...

What does oil reserve release mean for Biden’s energy agenda?

This morning’s release from the US Strategic Petroleum Reserve comes after a prolonged period of White House attempts to...

Biden’s ‘BBB-BS plan’ deconstructed by Republican congressman

Rep. Carlos Gimenez outlined full extent of the possible consequences of inflation and Biden's Build Back Better agenda on 'Fox News Live."
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US Gas Prices Rise to New 7-Year-High With No Drop in Sight

U.S. gas prices rose on Columbus Day to $3.27 a gallon, a new 7-year-high. The cost of a gallon keeps rising, with...