The White House vowed to continue working on lowering oil prices
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Washington will continue to work to reduce oil prices in the global market, said White House press secretary Karine Jean-Pierre.
“We are focused on lowering the price of oil by [мировом] market. This is the most important thing for us, our end result. This is what we are seeing right now, and this is what we are going to continue to work on.” quotes her TASS.
Thus, Jean-Pierre commented on today’s decision of the participants in the OPEC + deal to increase oil production by 100,000 barrels per day, within the quota, Russia and Saudi Arabia will be able to add 26,000 barrels per day.
Later Deputy Prime Minister Alexander Novak toldthat the oil market is fairly balanced and has recovered to pre-pandemic levels. The OPEC+ decision will help meet growing demand, he said, noting that the situation in the oil market remains uncertain due to possible disruptions in supply chains amid sanctions on Russian oil and petroleum products.
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