US President Joe Biden says the consequences of OPEC+ members’ decision to cut oil production are not as bad as some think. It has been reported TASS Referring to the White House press pool.
“Things will not be as bad as you think,” the American leader said.
Earlier, US Treasury Secretary Janet Yellen said that some members of OPEC decided to cut + oil production.reasons regret”.
The previous day, John Kirby, Strategic Communications Coordinator of the White House National Security Council in your name OPEC+’s unreasonable decision to reduce oil production.
April 3 OPEC+ Ministerial Monitoring Committee (JMMC) approved It was noted that the current terms of the agreement and an additional cut in the production of a number of alliance countries, including Russia, by the end of 2023 will be 1.66 million barrels per day. Combined, all OPEC+ measures mean a 3.66 million bpd cut in production, representing 3.7% of global demand.