Biden’s pivot to Asia on oil policies sends warning to OPEC+

  • Date: 19-Nov-2021
  • Source: Arab Weekly
  • Sector:Oil & Gas
  • Country:Gulf
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Biden’s pivot to Asia on oil policies sends 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.