OPEC+ agrees big oil output cuts, risks U.S. ire
STORY: OPEC has agreed to the biggest cuts in oil output since the height of the global health crisis.
Ministers from the group of oil-producing nations, and allies including Russia, met in Vienna on Wednesday (October 5).
That marked their first in-person get-together since lockdowns made them impossible.
They agreed to slash production by 2 million barrels per day, and the move could spur a recovery in oil prices.
They’ve fallen from $120 per barrel three months ago, to about $90 now.
But the decision is unlikely to go down well in Washington.
It wanted OPEC to pump more oil, to help reduce prices ahead of U.S. midterm elections.
The Biden administration also wants to limit revenues for Russia, as part of moves to punish it for the conflict in Ukraine.
However, Saudi Arabia has refused to condemn Moscow, which is part of the broader OPEC+ grouping.
Market watchers at JPMorgan expect Washington to react with countermeasures by releasing more oil stocks.
The UAE energy minister said Wednesday's decision was technical, not political.
The Saudis and other OPEC members say it’s aimed at calming market volatility, not targeting any particular price for oil.
相關影片推薦
- 2:44北京電動車展登場 中國品牌「內卷」大戰 117款新車首度亮相Yahoo奇摩(國際通)20,204 次觀看・23 小時前
- 1:39世界第一台獲認證飛行車AirCar 喜迎首名乘客 將在中國生產 售價1629萬起Yahoo奇摩(國際通)29,908 次觀看・20 小時前
- 1:46百年米粉廠食安出包 炊粉遭控藏「老鼠屎」.業者:異物疏失華視影音12,627 次觀看・22 小時前
- 2:42一分鐘報天氣 / 週六 (04/27) 鋒面系統影響 持續短暫陣雨或雷雨 留意局部較大雨勢發生Yahoo奇摩新聞(報氣象)4,363 次觀看・19 小時前
- 1:582024環球小姐取消年齡上限 阿根廷60歲佳麗驚歎出線 爭取為國爭光Yahoo奇摩(國際通)44,196 次觀看・23 小時前
- 1:26女長期睡機場又大鬧國門 不聽勸阻遭警驅離東森新聞影音345,589 次觀看・1 天前
- 14:58布林肯訪華接受BBC專訪談俄烏戰爭:「中國不作為美國將出手」BBC NEWS 中文4,002 次觀看・9 小時前
- 2:42唐綺陽星座運勢:水星終於順行!是時候好好想清楚自己的定位~唐綺陽談星室981 次觀看・23 小時前
- 1:43外包司機害命警網追 3公里外交流道棄車逃亡|#鏡新聞鏡新聞43,103 次觀看・15 小時前
- 1:10金秀賢和金智媛花絮被發現手也牽緊緊 根本是戀愛的程度網友激動:直接公開吧!娛樂星聞1,055 次觀看・10 小時前
熱門必看
- 5:28精華|12星座BL戀愛攻/受排行榜!牡羊就是一個字「衝」!?唐綺陽談星室18,934 次觀看・2 天前
- 7:42入手老屋大翻新到底多花錢? 壁紙也是大魔王?網友:根本千層派Yahoo創作摩人1,127 次觀看・3 天前
- 0:38今天直接怒吃兩份在地人推薦的旭達豆漿!板橋Edenx食旅19,229 次觀看・4 天前
- 14:19超多林俊傑的歌都他寫的!金曲獎、金鐘獎得獎人也來接唱!◆嘎老師 Miss Ga|歌唱教學 學唱歌◆嘎老師 Miss Ga299 次觀看・2 天前
- 10:32焦糖化洋蔥3種做法,不同切法味道大不同!_ 日本男子的家庭料理 TASTY NOTE日本男子的日式家庭料理228 次觀看・1 天前