White House Will Work With All Oil Producers To Ensure Low Prices ...Middle East

Economy by : (OILPRICE) -
The White House on Tuesday promised to work with all crude oil producers and others to ensure lower prices for the American people as the OPEC+ group surprised markets with a 1.6 million barrel-per-day production cut. “We’ll continue to work with all producers and consumers to ensure energy markets, support economic growth and lower prices for the American producers,” Jean-Pierre said in a reiteration of the Administration’s stance. The price of WTI has shot up to $80 per barrel, a more than $7 per barrel increase over last…

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