Oil surges amid warnings of supply shortages - Reuters.com


3/17/2022 12:00:00 AM3 years 11 months ago

Oil prices climbed over 7% on Thursday after the International Energy Agency (IEA) said three million barrels per day (bpd) of Russian oil and products could be shut in from next month and despite the U.S. Federal Reserve's decision to raise interest rates.

LONDON, March 17 - Oil prices climbed over 7% on Thursday after the International Energy Agency (IEA) said three million barrels per day (bpd) of Russian oil and products could be shut in from next m… [+1718 chars]

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