Post Tagged with: "ignores Biden plea"

Source: thehill.com

OPEC ignores Biden’s plea, formalizes December oil output plan

World Oil


(Bloomberg) –OPEC and its allies will stick to their slow pace of oil-production increases, disregarding U.S. President Joe Biden’s demand to go faster.

After a brief meeting on Thursday, the group approved a 400,000 barrel-a-day production hike for …