The United States is pushing OPEC+ nations not to proceed with potential deep oil output cuts, a source familiar with the matter told Reuters, as President Joe Biden seeks to prevent U.S. gasoline prices from rising.
Washington is arguing to OPEC+ nations that economic fundamentals do not support an output cut, the source said.
"We are not going to comment on any OPEC action until OPEC acts," said Adrienne Watson, spokesperson for the National Security Council. Biden has been grappling with gasoline prices all year. After a spike, they have gradually come down and his administration has touted this as a major accomplishment.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former Adelanto Mayor Pro Tem sentenced to 5 years behind bars for accepting bribesJermaine Wright, 46, of Riverside, was sentenced by United States District Judge Jesus G. Bernal.
Read more »
‘I felt scared’: United flight attendant blindsided by ovarian cancer diagnosis after having her ovaries removed‘I felt scared’: United flight attendant blindsided by ovarian cancer diagnoses after having her ovaries removed
Read more »
United to suspend flights at John F. Kennedy International AirportUnited Airlines is halting flights in and out of John F. Kennedy International Airport at the end of the month.
Read more »
United Will No Longer Fly to This Major U.S. Airport, as of Oct. 29United Airlines has announced it will no longer fly in or out of New York's JFK Airport as of Oct. 29 due to ongoing schedule issues.
Read more »