Oil prices are expected to remain high in 2022

One million cases in the United States, nearly 270,000 in France, 200,000 in Great Britain. The wave of contamination linked to the Omicron variant continues to break records. But the oil-exporting countries do not care. At their first meeting of the year, Tuesday January 4, and carried out expeditiously, the members of the OPEC cartel and their OPEC + partners decided to keep their program of gradually increasing production unchanged. in July. The 23 oil-producing countries, which together control more than half of the world’s crude supply, plan to put an additional 400,000 barrels a day on the market in February, as decided last year.

Source: UsineNouvelle – Actualités A la une by www.usinenouvelle.com.

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