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Energy prices increased 59% in 2021, OPEC raises output targets

Prices will depend on the COVID-19 pandemic and weather, experts say

Henrik Nilsson by Henrik Nilsson
January 4, 2022
in Natural Gas, News, Oil, Power
Reading Time: 2 mins read
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The Organization of the Petroleum Exporting Countries (OPEC) announced Tuesday that it would increase oil production as a new report from the Energy Information Administration (EIA) showed energy prices rose 59% in 2021, surpassing most other commodity indexes. Increased demand due to the economic recovery from the COVID-19 pandemic was largely the reason prices used […]

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Effective July 1, 2022 Energy Policy News will be discontinued.

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