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Biden Secures No Immediate Oil Output Boost Pledges, But US Officials Hopeful ‘in the Coming Weeks’

Posted on AllSides July 18th, 2022
From The Right

While the administration is not expecting Saudi Arabia to boost oil output immediately as a result of President Biden’s Mideast trip, officials are voicing confidence that the weeks ahead may see Gulf producers increase production.

They are also looking to the next meeting of the Organization of Petroleum Exporting Countries and allied producers (OPEC+) in a little over a fortnight’s time, when the group will consider output for September and beyond.

Biden came away from his visit to Saudi Arabia without a announcement that his hosts would immediately boost oil...

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https://www.cnsnews.com/article/international/patrick-goodenough/biden-secures-no-immediate-oil-output-boost-pledges-us

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