Oil prices climbed to multi-year highs shortly after a group of some of the world’s most powerful oil producers opted against a big supply boost. Now energy analysts believe crude prices could be poised to rally toward $100 a barrel. OPEC and non-OPEC partners, a group collectively referred to as OPEC+, said Monday that it …
The post Oil analysts predict a prolonged rally as OPEC resists calls to ramp up supply first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John