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Stanley Reed
Posts
Russian Sanctions Could Create ‘Supply Crisis’ as Oil Output Falls
The International Energy Agency said the global economy could be whipsawed by cuts in oil supplies and a sharp drop in demand.
OPEC Plus Agrees on Oil Production Increase, Ending Dispute With U.A.E.
The pact clears the way for the group to pump more oil, helping ease a potential supply squeeze as global economies revive from pandemic lockdowns.