Oil price rises as UAE quashes hopes of plugging gap in Russian shortfall

National Herald
National Herald
  • 2 years ago
New Delhi: #OilPrices rose on Thursday amid confusion over whether major producers would help to plug a gap in supplies from #Russia.
The #UnitedArabEmirates had appeared to push the members of the #OPEC producer group to raise output, only for the #UAE's energy minister to quash hopes. The oil price rose more than 5 pert cent, after a 17 per cent fall on Wednesday.
#RussiaUkraineConflict #JoeBiden #RussiaUkraineWar

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