Oil prices went up a bit this week! This is because people are worried about oil supplies. There are problems in Russia and the US.
- Russia's oil supply is down because of drone attacks.
- Cold weather in the US is also affecting oil production.
- There's uncertainty about whether countries will increase oil production soon.
Problem | Effect |
---|---|
Drone attacks on Russian pipelines | Reduced oil supply by about 380,000 barrels per day. |
Cold weather in the US | May reduce oil production by up to 150,000 barrels per day. |
Possible OPEC decision | Might delay increase in oil supply. |