Post Tagged with: "US official"

Source: Oil Price

U.S. Official: OPEC+ cut came at “The worst possible moment”

Oil Price

The OPEC+ group’s decision to reduce its crude oil production target by 2 million barrels per day (bpd) came at “the worst possible moment” and will have a wide-ranging impact on the economy and inflation, Barbara Leaf, Assistant …

Source: CNBC

U.S. official says Russia ‘took advantage’ of Europe’s energy crisis


Russia did not cause Europe’s energy crisis — but it didn’t help, and instead tried to benefit from the situation, according to Amos Hochstein, the U.S. State Department’s senior advisor for global energy security.

“It sure didn’t do anything