Tag: European gas
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Oil price crashes as OPEC increases production: NatGas winds down
On Thursday last week, OPEC announced an increase of oil productivity by 411,000 barrels per day with a total of 2.2 million barrels, that lead to the oil price crashing after the announcement. Brent Crude is currently at $63.62 from its Thursday high of $73, down by more than 12%. The countries implementing the oil…
