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Biden faces gas price nightmare as OPEC agrees Russian proposal to cut oil

Por: Newsweek World October 05, 2022

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The Organization of the Petroleum Exporting Countries (OPEC) and allied oil producing nations have backed plans to dramatically slash oil supplies in a bitter blow to President Joe Biden.At an OPEC Plus meeting in Vienna, the cartel's Joint Ministerial Monitoring Group recommended oil output is cut by 2 million barrels a day, or around two percent of the global oil supply.Ahead of the meeting, it was reported both Saudi Arabia and Russia... + full article



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