Biden 'disappointed' by OPEC+ production cut, White House says

United States News News

Biden 'disappointed' by OPEC+ production cut, White House says
United States Latest News,United States Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Biden expresses disappointment over OPEC+ oil-production cut

President Joe Biden"is disappointed by the shortsighted decision by OPEC+ to cut production quotas while the global economy is dealing with the continued negative impact of Putin's invasion of Ukraine," said a White House statement on Wednesday from National Security Adviser Jake Sullivan and top economic adviser Brian Deese.

In addition, the statement said Biden will continue to direct Strategic Petroleum Reserves releases"as appropriate to protect American consumers and promote energy security," and he is directing the Energy Department's secretary to"explore any additional responsible actions to continue increasing domestic production in the immediate term.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Joe Biden Tells Al Sharpton He Will Run for President Again in 2024Joe Biden Tells Al Sharpton He Will Run for President Again in 2024While Biden allies have said he will seek a second term, the president has shied away from making a declaration.
Read more »

Biden marks 100 days since Dobbs ruling as Dems eye midtermsBiden marks 100 days since Dobbs ruling as Dems eye midtermsPresident Joe Biden is highlighting his administration’s efforts to protect access to abortion
Read more »

Report: Joe Biden Told Al Sharpton He's Running for President in 2024Report: Joe Biden Told Al Sharpton He's Running for President in 2024President Joe Biden has told Al Sharpton and other Democratic Party stalwarts that he’s planning to run for office in 2024.
Read more »

Can Biden save democracy one US factory job at a time?Can Biden save democracy one US factory job at a time?President Joe Biden is working to create a manufacturing revival.
Read more »

Can Biden save democracy one US factory job at a time?Can Biden save democracy one US factory job at a time?President Joe Biden is working to create a manufacturing revival — even helping to put factory jobs in Republican territory under the belief it can restore faith in U.S. democracy.
Read more »

White House keeps focus on abortion as midterms approachWhite House keeps focus on abortion as midterms approachThe Department of Health and Human Services will release $6 million in new funding to promote family planning services.
Read more »



Render Time: 2025-02-22 08:24:40