Soaring prices set stage for eventual reversal of oil, gas demand – Reuters.com

Soaring prices set stage for eventual reversal of oil, gas demand – Reuters.com

Soaring prices set stage for eventual reversal of oil, gas demand – Reuters.com

Oil prices running at their hottest level in 14 years are poised to cut post-COVID pandemic fuel demand as consumers react to surging pump and power prices by pulling back on spending and travel, top energy executives warned on Monday.

Read More…