Saturday, February 15, 2025
IEA outlines $3 trillion green recovery plan for world leaders to help fix the global economy- oil and gas 360

IEA outlines $3 trillion green recovery plan for world leaders to help fix the global economy

CNBC The International Energy Agency has laid out a $3 trillion green recovery plan, offering governments around the world a “once-in-a-lifetime” roadmap to sustainably rebuild their economies in the wake of the coronavirus pandemic. The Sustainable Recovery report, published Thursday, is designed to present world leaders with cost-effective measures that could be implemented from 2021 through to 2023. It sets

UBS raises Brent forecasts, sees undersupplied oil market- oil and gas 360

UBS raises Brent forecasts, sees undersupplied oil market

Reuters UBS raised its forecasts on Thursday for the price of Brent crude this year, citing expectations of an undersupplied oil market as demand starts to pick up on the back of a recovering global economy. “Supply is being curbed by OPEC+ voluntary production cuts and due to massive cuts in non-OPEC oil companies’ capital expenditures,” the bank said, as