December 4, 2022

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Biden Management: We are frustrated with the high price of petrol and hope to release more “OPEC +” products.

Reuters Erin Scott

White House.

The administration of US President Joe Biden has expressed frustration with the fall in oil prices, despite the fall in oil prices, and hopes that the “OPEC +” group will approve the release of oil supplies.

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The price of oil from my blend is low

White House spokeswoman Jen Psaki said in a statement on Tuesday that the United States was in constant contact with “OPEC +” countries and hoped to release oil supplies when the group meets Wednesday to meet market demand. .

Psaki made it clear that the White House had no plans to reduce its planned withdrawal from the US Strategic Petroleum Reserve.

A White House spokesman added that Washington was frustrated by the high price of gasoline, despite falling oil prices.

“Yes, we are disappointed,” Bisaki said.

The report comes after crude oil prices in Brent and West Texas Intermediate fell to their lowest level since Tuesday, August. .

On November 23, Biden ordered the use of 50 million barrels of US strategic oil reserves in a concerted effort with other countries, including China, India, Japan, South Korea and the United Kingdom, to reduce oil prices in world markets. And pressure on oil nations that are members of the “OPEC” group. + “Should increase its productivity to a greater extent.

Source: “Reuters” + Agencies

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