US President Joe Biden threatened Saudi Arabia with “consequences” after a coalition led by Riyadh agreed with Russia to cut output. Last week, the 13-nation OPEC+ and its 10 allies infuriated the White House by resolving to cut output by two million barrels per day beginning in November, fueling fears ...
Europe is going up against a very challenging winter this year; however, the next one will be even worse, International Monetary Fund (IMF) Chief Economist Pierre Olivier Gourinchas said Tuesday as Europe is up against the ropes in terms of energy prices. “Winter 2022 will be challenging, but winter 2023 ...
