Reuters: US pushing OPEC+ not to cut oil output

Reuters: US pushing OPEC+ not to cut oil output The United States is pushing OPEC+ nations not to proceed with potential deep oil output cuts, a source familiar with the matter told Reuters, as President Joe Biden seeks to prevent US gasoline prices from rising, Report informs.
Energy
October 5, 2022 09:18
Reuters: US pushing OPEC+ not to cut oil output

The United States is pushing OPEC+ nations not to proceed with potential deep oil output cuts, a source familiar with the matter told Reuters, as President Joe Biden seeks to prevent US gasoline prices from rising, Report informs.

The White House declined to comment.

"We are not going to comment on any OPEC action until OPEC acts," said Adrienne Watson, spokesperson for the National Security Council.

"Of course, we are always talking to all producers and consumers, including OPEC+ partners. That's been the case for decades and across bipartisan administrations, including this one. We've been clear that energy supply should meet the demand to support economic growth and lower prices for consumers around the world, and we will continue to talk with our partners about that," she said.

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