The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than in previous months at a time of high gasoline prices and unstable energy supplies exacerbated by Russia's war in Ukraine.
OPEC+ boosts oil output by slower pace than previous months journalgazette.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journalgazette.net Daily Mail and Mail on Sunday newspapers.
The move comes after President Joe Biden visited Saudi Arabia last month, aiming to improve relations and encourage more oil production from the cartel to draw down high prices at the pump.
The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than in previous months at a time of high gasoline prices and unstable energy supplies exacerbated by Russia's war in Ukraine.