Reuters have all the legal details if you are interested.The point is Biden wants more oil pumped and yet events such as this is confounding his desir
Reuters have all the legal details if you are interested.
The point is Biden wants more oil pumped and yet events such as this is confounding his desire.
The fallback position has been to implore OPEC+ to increase output. Which OPEC has responded to with no warmth whatsoever. Even if they were so inclined the diminishing of capex into the sector has left many producers unable to meet even current output caps, let alone be able to produce more.
Reuters link here.
www.forexlive.com