14 Feb Energy News Digest/ Press Release to 14th Feb. 2022. OPEC daily basket price stood at $92.85 a barrel, Fri, 11th Feb. 2022
Chronic underperformance by OPEC+ in meeting its output targets and rising geopolitical tensions have propelled oil prices higher. Benchmark crude prices rose by more than 15% in January to cross the $90/bbl threshold for the first time in more than seven years. Global oil stocks...