White House National Security Council strategic communications coordinator John Kirby said the country will replenish its oil reserves in the reserve. It has been reported TASS.
“I can say that we have been consistent in our plans to replenish the Strategic Petroleum Reserve and try to do it for the benefit of taxpayers. This will now be subject to restrictions such as forced sales by Congress,” he said.
He also noted that he could not even imagine why several OPEC+ countries had decided to cut oil production earlier. At the same time, OPEC+ members warned the US of their decision in advance.
formerly Kirby it’s called unreasonable OPEC+ has decided to cut oil production. The statement was made during a briefing in Washington. According to Kirby, this decision is wrong given the volatility in the market. A White House spokesman noted that the United States has already communicated its position to OPEC countries, including Saudi Arabia.
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.