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Published 2 years ago

Biden disappointed by 'shortsighted' cut by OPEC+, White House says

Summary by Ground News
The White House expressed disappointment over the announcement of a cut in oil production quotas by Organization of the Petroleum Exporting Countries (OPEC) and its allies. Criticizing the move by OPEC+ on cuts, the Biden administration said that it was a shortsighted decision. Earlier in the day, members of OPEC+ said that they would cut November production quotas.

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ReutersReuters

Biden disappointed by 'shortsighted' cut by OPEC+, White House says

U.S. President Joe Biden is calling on his administration and Congress to explore ways to boost U.S. energy production and reduce OPEC's control over energy prices after the cartel's "shortsighted" production cut, the White House said on Wednesday.

2 years ago·United Kingdom
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NDTVNDTV

Joe Biden "Disappointed" With Oil Producers OPEC+ Output Cut Move

President Joe Biden is "disappointed" with the OPEC+ cartel's decision to slash oil production output, saying it will hurt the world economy, the White House said Wednesday.

2 years ago·New Delhi, India
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USA TodayUSA Today

Biden calls OPEC oil production cuts ‘disappointing’, White House looking at alternatives

President Biden says the White House is exploring alternatives after OPEC’s decision to slash the amount of oil delivered to the global economy.

2 years ago·United States
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abc Newsabc News

White House 'disappointed' with OPEC+ decision to cut oil production, will release more from US reserves

President Biden had lobbied OPEC+ to increase production in July.

2 years ago·United States
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