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White House 'disappointed' with OPEC+ decision to cut oil production, will release more from US reserves

Por: ABC News Politics October 06, 2022

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The White House on Wednesday expressed disappointment following the announcement from OPEC+ that it would cut two million barrels per day from its production quotas beginning in November.The decision by the OPEC+ alliance, which includes Russia, is likely a response to oil prices dropping amid less demand stemming from a global economic slowdown. Oil prices currently hover around approximately $80 per barrel, down from the $100-plus cost it hit... + full article



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