US persuades to increase oil production – Russian Foreign Ministry

Фото: Getty Images Sale of oil from reserves did not stop the rise in prices Washington has long called for an increase in oil production to lower prices, but OPEC has refused. In Russia, they say that the United States is persuading a number of countries to increase oil production in order to lower prices […]

Why did the US print out a strategic oil reserve

America has coordinated with other consumer countries to address supply shortages “as the world emerges from the pandemic.” US President Joe Biden announced the release of 50 million barrels of oil from the strategic reserve. Together with Washington, other energy consuming countries, including China, India, Japan, South Korea and Britain, have made this decision. […]