Oil prices dip on risk reduction and profit on week's gains
Oil prices are closing the week trimming some gains, but the market trend is positive and the price direction is mostly risk reduction by traders, who are also profiting from earlier gains.
Oil prices are closing the week trimming some gains, but the market trend is positive and the price direction is mostly risk reduction by traders, who are also profiting from earlier gains.
Liam Yates (senior analyst, Middle East upstream, Wood Mackenzie) and Kristina Beadle (analyst, carbon research, Wood Mackenzie) assess the role national oil companies can play in decarbonisation.