Post Tagged with: "raise production"

Source: Fox Business

JP Morgan’s CEO urges U.S. oil and gas drillers to raise production

Oil Price


Jamie Dimon, the chief executive of JP Morgan, called on the U.S. oil industry to boost crude production to make up for OPEC+ cuts that could cause a severe shortage in the global oil market.

 

“In my …

Source: Reuters

Germany urges OPEC to raise production, warns against profiteering from sanctions

Finance Yahoo


ABU DHABI – German Economy Minister Robert Habeck added his voice to Western appeals for OPEC to increase oil production and said Gulf states should not profit from global sanctions against Russia over its invasion of Ukraine.

OPEC …