Stories Tagged as
Fuels
OPEC agrees to cut 1.2 million barrels a day to boost oil prices
by
Jed Kim
Dec 1, 2016
The agreement by OPEC members to cut oil production by 1.2 million barrels a day — that’s 1 percent of global production — sent crude prices climbing after it was announced. The global oil industry hopes things will continue to trend that way. The deal is meant to reduce the current oil glut and get […]
We're going to be pumping oil for a long time
by
Jed Kim
Nov 16, 2016
The question isn't when we will we run out of oil, it’s "when will we stop needing more and more oil?"