Victory for Nicola Sturgeon as Shell walks away from North Sea oil project

Victory for Nicola Sturgeon as Shell walks away from North Sea oil project

Barrons.com

Oil Prices Reverse Course, Fall Ahead of OPEC Meeting

Crude oil prices reversed course Wednesday, falling ahead of a decision from the Organization of the Petroleum Exporting Countries and its allies on whether to keep the current moderate monthly increase in production. The first confirmed case of the Omicron variant in the U.S., and signs of growing supply, may also be weighing on oil prices. The latest U.S. government data “showed a massive build with gasoline and diesel stockpiles,” wrote OANDA analyst Edward Moya.

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