President Joe Biden is now vowing to “consult with Congress” on ways to “reduce OPEC’s control over energy prices,”.
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OPEC Oil Production Cutback Expected to Impact Prices in New EnglandThe weather lately has been a pretty strong reminder that winter is on the way in New England. And as the colder weather approaches, experts were already sounding the alarm that it will likely cost more to heat your home. But Wednesday’s announcement that OPEC is cutting down oil production could cause prices to go even higher. “The barrels that…
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OPEC+ Cuts Or Not, White House Wants To Refill SPR | OilPrice.comThe United States is still planning on replenishing the nation’s crude oil emergency stockpiles when the price of oil goes down, White House energy advisor Amos Hochstein said on Thursday.
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US says ‘nothing off table’ in response to Opec+ oil cuts\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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OPEC+ Output Cut Sends A Clear Message To The Market | OilPrice.comOPEC’s decision to lower output quota hay have a serious impact on crude supply this fall, providing further upward support for crude prices this winter
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