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Changes in oil markets may be short-lived

Amid the energy crisis engulfing Europe, international oil markets have taken a slight breather as prices have retreated on traders' concerns about the global economy. However, the turnaround may be short-lived. For now, cheaper oil is being welcomed by world leaders...

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OPEC+ agrees to make modest increase in oil production

The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) on Wednesday agreed to a small increase in oil production, following requests from the United States and other major consumers for more supply. The expectation, however, is that the symbolic...

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New oil price hikes on the horizon

JP Morgan CEO Jamie Dimon believes oil prices could rise to $175 a barrel later this year. Jeremy Weir, the chairman of commodities trader Trafigura, says oil could get "puzzling". The consultancy Energy Aspects, which has clients ranging from hedge funds to state...

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7520-309 Sines

 

(+351) 269 000 316

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1800-224 Lisbon

 

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