Skip to content

OPEC+ Rebuked by US After Cutting Output to Keep Prices High

  • Biden says ‘shortsighted’ decision will hurt the economy
  • Group wants to keep crude above $90 a barrel, says Nigeria
Bloomberg business news
OPEC+ Agrees to Cut Output by 2 Million Barrels a Day
Updated on

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

OPEC+ agreed to make a large production cut to keep oil prices high, drawing an immediate rebuke from the US.