Home Forex Reports that the US is lobbying OPEC+ nations not to cut oil output (… well, d’uh)

Reports that the US is lobbying OPEC+ nations not to cut oil output (… well, d’uh)

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Reports that the US is lobbying OPEC+ nations not to cut oil output (… well, d’uh)

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Reuters citing a ‘source familiar with the matter’ says that the US is pushing OPEC+ nations not to proceed with an oil output cut.

Arguing that economic fundamentals do not support a cut.

It does seem obvious that the US would be doing this. The last thing US President Biden wants is for gasoline prices to begin rising again.

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