Crude oil markets cool, thanks in large part to Omicron’s rise
In this cat and mouse game, OPEC+ had little option but to veer off the collision course
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Author: Rashid Husain Syed
Oil markets dampen with new COVID strain, release of reserves
The dip came as a new COVID-19 strain sparked fears of renewed lockdowns and demand destruction
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U.S. tries to force a drop in world oil prices
U.S. commitment to tackle climate change crumbles in the face of climate poverty
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Biden must act now to rein in rising oil prices
Most likely course of action is a release of oil from emergency reserves
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Pressure mounts on OPEC+ from all sides
It is defying oil-consuming nations to increase output, for now
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