Financial analysts fear global oil prices could quadruple if Putin cuts crude production
World oil costs could strike an eye-wateringly higher of $380 a barrel if Vladimir Putin responds to sanctions with cuts to crude oil output, economical professionals have warned. JPMorgan Chase…
BP reports soaring profits, even as oil production is flat
BP PLC described its most effective quarter in a lot more than a ten years yesterday, as growing oil and gasoline costs assisted the British oil large shrug off a…
Elon Musk calls for increase in US oil, gas production to combat Russia despite negative effect on Tesla
University of Louisville economics professor Alexei Izyumov predicts the oil current market will carry inflation and desire charges even higher. Tesla co-founder and CEO Elon Musk referred to as on…