June 3, 2022/OilPrice.com There has been plenty of turmoil in oil markets this week, with the EU banning Russian oil, OPEC accelerating its production increases, and U.S. inventories dropping once again. At the end of the week, sentiment is decidedly bullish, with OPEC unable to calm the oil price rally. […]
OPINION/EDITORIAL
A Deeper Look at Forces Fragmenting Our World—and How to Respond
(Image: Oleksandr Khoma/iStock by Getty Images) June 2, 2022/IMFBlog By Gita Bhatt The rare confluence of geopolitical, economic, and technological forces now confronting the world may reverberate for generations. The war in Ukraine is thrusting us into a fraught period of geopolitical realignment, supply disruptions, food and energy insecurity, and […]
Africa Boosts Upstream Activities to Amplify Oil and Gas Production
African hydrocarbon producing countries are increasing oil and gas licensing rounds to be able to stabilize supply of hydrocarbons in years to come to meet growing energy demand as output in legacy projects declines. Image Credit: AEC June 1, 2022/AEC The introduction of more oil and gas exploration and production […]
