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Oil firms face 'moment of truth' in climate crisis: IEA
Oil firms face 'moment of truth' in climate crisis: IEA
by  AFP

Oil and gas firms will face a crucial choice at UN climate talks next week between contributing to the climate crisis or embracing the clean energy transition, the International Energy Agency said Thursday. "Producers must choose between contributing to a deepening climate crisis or becoming part of the solution by embracing the shift to clean energy," the IEA said.

Oil drops further after OPEC delay as Asian stocks struggle
Oil drops further after OPEC delay as Asian stocks struggle
by  AFP

Oil extended losses Thursday after OPEC announced the shock delay of a key policy meeting, suggesting fresh upheaval in the bloc, while equities struggled after two US reports dented recent euphoria over the future of interest rates. Our expectation is that policy rates have peaked."

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