Production

Oil prices jump on Opec's warning of tightening supply

Cartel says the loss of Russian oil on the market could not be made up, even as US production increases

Dour forecast: Opec said Tuesday that the supply lost in a complete embargo of Russian oil could not be replaced
Dour forecast: Opec said Tuesday that the supply lost in a complete embargo of Russian oil could not be replacedPhoto: REUTERS
Houston
OpecPermian BasinOil PriceUSARussia
Published 12 April 2022, 18:56Updated 12 April 2022, 18:56