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The latest OPEC meeting conclusions show that the global economy is not as strong as headlines suggest and that industries all over the world are struggling.
Gaza, energy top agenda of talks with Emirati and Saudi leaders.
U.S. shale drillers might not bolster activity even if oil prices touch $100.
The surge is expected to push gasoline prices up even higher and worsen inflation rates across the economy that are already rising.
From the EIA to OPEC, industry reports confirm global oil supply deficit fears.
U.S. retail gas prices surged 18.5% since December 2022, driven by rising oil prices, signaling a worrisome acceleration in inflation.
