ANALYSIS-Biden’s overture to Asian oil consumers serves warning to OPEC+

  • Date: 19-Nov-2021
  • Source: Nasdaq
  • Sector:Oil & Gas
  • Country:Gulf
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ANALYSIS-Biden’s overture to Asian oil consumers serves warning to OPEC+

The Biden administration's push for a coordinated release of oil stockpiles serves as a warning to the OPEC+ production group that it should pump more oil to address concerns of high fuel prices in powerhouse economies like the United States, China and others.