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Oil prices are moving to new highs this morning following OPEC+’s decision yesterday to taper its production cuts slightly. Since August, the group has been cutting 7.7 MMbpd. When their agreement was first struck early in 2020, the plan was to reduce cuts to just 5.7 MMbpd in January 2021. Markets had suspected that OPEC […]Read Article
Natural Gas News – November 23, 2020 Climate Targets Could Slash Natural Gas Investment By $1 Trillion Limiting global warming to 2 degrees Celsius above the temperature in pre-industrial times could mean significantly reduced investments in natural gas supply through 2040, analysts warn. If the world is to go down the 2-degree pathway, investment in […]Read Article
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