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US says the oil output cuts "align Opec with "

Started by forex4you, Oct 06, 2022, 08:03 am

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US says the oil output cuts "align Opec with "

<p>The US administration is not happy with the OPEC+ oil carte. </p><p>The US had tried to lobby the group to not cut:</p><ul><li><a href="https://www.forexlive.com/news/more-detail-on-white-house-efforts-to-stop-opec-from-cutting-oil-output-yellen-unleashed-20221005/" target="_blank" data-article-link="true">More detail on White House efforts to stop OPEC from cutting oil output - Yellen unleashed</a></li></ul><p>To no avail:</p><ul><li><a href="https://www.forexlive.com/news/opec-agrees-to-production-cut-of-2-million-barrels-per-day-report-20221005/" target="_blank" data-article-link="true">OPEC+ agrees to production cut of 2 million barrels per day</a></li></ul><p>And thus:</p><ul><li><a href="https://www.forexlive.com/news/white-house-says-opec-is-aligning-with--and-its-absolutely-true-20221005/" target="_blank" data-article-link="true">White House says OPEC is 'aligning with Russ and it's absolutely true</a></li></ul><p>Financial Times weigh in also:</p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: US says the oil output cuts "align Opec with "

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