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OPEC Considering Cutting Oil Production In Response To President Biden's Release Of Oil From The US Strategic Reserve

OPEC Considering Cutting Oil Production In Response To President Biden's Release Of Oil From The US Strategic Reserve - Hallo friend USA IN NEWS, In the article you read this time with the title OPEC Considering Cutting Oil Production In Response To President Biden's Release Of Oil From The US Strategic Reserve, we have prepared well for this article you read and download the information therein. hopefully fill posts Article HOT, we write this you can understand. Well, happy reading.

Title : OPEC Considering Cutting Oil Production In Response To President Biden's Release Of Oil From The US Strategic Reserve
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OPEC Considering Cutting Oil Production In Response To President Biden's Release Of Oil From The US Strategic Reserve

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).



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