Arab News: OPEC+ may adjust oil production plans next week in wake of US move
RIYADH: OPEC+ may reconsider plans to up oil production in the wake of a US-led proposal to release strategic petroleum reserves, according to Bloomberg.
Delegates from the group are reported to have said the release of millions of barrels from the inventories of their largest customers is unjustified due to current market conditions, and there is likely to be a coordinated response.
US President Joe Biden has been calling on OPEC+ to increase oil production beyond a planned rise of 400,000 barrels per day each month until the end of 2022.
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WNU Editor: OPEC warned yesterday what their response would be if the US releases oil from their strategic reserve .... OPEC+ Warns of Response as Biden Poised for Oil Reserve Release (Bloomberg). More here .... OPEC+ Vows To Respond If Countries Tap Their Oil Reserves (OilPrice.com).
5 comments:
Never-Trump is a misnomer. Those people should be properly labeled and characterized as anti-Trump. Trump was pro exploration fracking a development. Anti-Trumpers are the exact opposite. It is like electrons and positrons.
Unfortunately we do not have ringside seats to the Anti-Trump disaster. WE ARE IN THE RING & WE ARE GOING TO GET THE SHIT KICKED OUT OIF US BY ANTITRUMP POLICIES!
TRUMP LOVED ...LOVED COAL
Trump loved oil, gas, coal, nuclear, hydro, solar and wind. What is your point troll?
If prime minister Merkel of Germany had loved coal and fracking, Putin would not have Germany over a barrel. But it is not about what works, it is about, who Merkel has a crush-on.
Merkel had a crushes on Obama and Poot Poot.
From the linked picture I bet Obama and Merkel got busy later that night.
https://cdn.images.express.co.uk/img/dynamic/78/590x/Barack-Obama-663975.jpg
https://media.gettyimages.com/photos/bundeskanzlerin-angela-merkel-empfngt-prsident-wladimir-putin-in-picture-id549527399?
More Obama/Merkel pre-tonsil hockey action.
https://d.ibtimes.co.uk/en/full/1575590/merkel-obama.jpg
trump has a crush on his daughter and on himself
Biden will be on vacation for a week hidden behind his tax funded half million dollar fence at his beach home. He will get their via tax funded combustion engibe. Suckers
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