Tag: old demand

Energy, Industry Focus Areas

Oil Wavers With Talks Resuming on Potentially Reviving Iran Deal

May 25, 2021

Via: Transport Topics

Oil was little changed as investors weighed talks of higher Iranian supply against the prospect of a continued recovery in demand. West Texas Intermediate edged higher after switching between gains and losses in a roughly $1-a-barrel trading range. Talks between […]

Energy, Industry Focus Areas

Shell Hits Its Own Peak Oil, Plans to Reduce Output

February 11, 2021

Via: The Wall Street Journal

LONDON— Royal Dutch Shell PLC said it would start reducing oil production, calling an end to a decades-old strategy centered on pumping more hydrocarbons as it and other energy giants seek to capitalize on a shift to low-carbon power. The […]