Oil Price Rise Following OPEC+ Production Cut Announcement Underscores Volatility of Fossil Fuels

EcoWatch
By Olivia RosaneApr 5, 2023, 5:04 pm151 pts
Oil prices rose by more than six percent on Monday after Saudi Arabia and other oil producing nations announced a surprise production cut of 1.15 million barrels per day from May through December. The announcement, coming a little more than a year after Russia’s invasion of Ukraine sent energy prices…

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