The Biden administration is reportedly planning to delay military aid to Saudi Arabia to punish the…
Tag: OPEC (96666)
Biden to release 15 million barrels from US oil reserves after OPEC+ output cut
President Joe Biden will announce the release of 15 million barrels of oil from the US…
With oil markets tightening, OPEC and its allies agree to small increase in output
Officials from OPEC countries and their allies agreed Wednesday to continue feeding a modest amount of…
Oil producers aren’t keeping up with demand, causing prices to stay high
Nearly two years ago, the world’s oil producers slammed on the brakes and drastically cut production…
