06-04-2023, 12:31 AM
Xi is a good advisor.
Russia, Saudi Arabia and other OPEC nations cut oil productions to make it more profitable.
EU is forced to eat the humble pie
Saudi Arabia, other OPEC+ nations announce surprise oil production cuts
Economy Apr 2, 2023 2:58 PM EDT
DUBAI, United Arab Emirates (AP) — Saudi Arabia and other major oil producers on Sunday announced surprise cuts totaling 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide.
Higher oil prices would help fill Russian President Vladimir Putin’s coffers as his country wages war on Ukraine and force Americans and others to pay even more at the pump amid worlwide inflation.
Russia, Saudi Arabia and other OPEC nations cut oil productions to make it more profitable.
EU is forced to eat the humble pie
Saudi Arabia, other OPEC+ nations announce surprise oil production cuts
Economy Apr 2, 2023 2:58 PM EDT
DUBAI, United Arab Emirates (AP) — Saudi Arabia and other major oil producers on Sunday announced surprise cuts totaling 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide.
Higher oil prices would help fill Russian President Vladimir Putin’s coffers as his country wages war on Ukraine and force Americans and others to pay even more at the pump amid worlwide inflation.