Wednesday, June 10, 2026
Oil analyst: Prices will climb over the next 9 months- oil and gas 360

Oil analyst: Prices will climb over the next 9 months

Oil Price There are asymmetrical upside drivers for oil prices by the end of the year, according to RBC Capital Markets, which is long oil with WTI call options for June 2023 at $120 a barrel.   The increased sanctions against Russia with the EU embargo on Russian crude oil imports by sea are set to drive oil higher, Michael

Shell CEO calls for higher taxes to protect consumers- oil and gas 360- oil and gas 360

Shell CEO calls for higher taxes to protect consumers

Oil Price The current energy crisis cannot be left to the roiled market to sort itself out and will need smart government intervention by taxing the wealthier to shield the most vulnerable consumers, according to Shell’s chief executive Ben van Beurden.   “One way or another there needs to be government intervention,” van Beurden told the Energy Intelligence Forum in London on