NEWS

Is OPEC ‘Aligning With Russia’ After Production Cuts?

The United States has accused OPEC oil-producing nations of siding with Russia after a decision to cut oil output.

A decision by the OPEC+ alliance of oil-exporting countries to sharply cut production and boost crude prices has dealt a blow to consuming nations, prompting accusations that Gulf producers are siding with Russia at the expense of the United States and its Western allies.

The 13-nation OPEC group, plus 10 allies led by Moscow, agreed at a meeting in Vienna to slash output by two million barrels per day (bpd) starting in November, the group announced in a statement on Wednesday.

Read more at Aljazeera.com

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Edited by Jesus Chan

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