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Biden Calls OPEC+ Cut ‘Unnecessary,’ Signals New US Releases
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President Joe Biden called plans by OPEC+ to cut output targets by 2 million barrels a day “unnecessary,” and the White House said more releases from US petroleum reserves are possible.
“I need to see what the detail is. I am concerned, it is unnecessary,” Biden said Wednesday as he left the White House to tour hurricane-ravaged areas of Florida, according to CNN.
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“I need to see what the detail is. I am concerned, it is unnecessary,” Biden said Wednesday as he left the White House to tour hurricane-ravaged areas of Florida, according to CNN.
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
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