Saudi Arabia Plans To Cut Oil Production Again After No 'Consequences' From Biden
Oil prices rose by more than 1 percent a barrel on Monday after top crude exporter Saudi Arabia pledged to cut production by a further 1 million barrels per day (bpd) from July to counter macroeconomic headwinds that have depressed markets.
The post Saudi Arabia Plans To Cut Oil Production Again After No 'Consequences' From Biden appeared first on Washington Free Beacon.
If the Chinese yuan were to become the global reserve currency, it would, in essence, give the CCP the ability to cripple entire nations.
In the days, weeks, and months ahead, the 'get Trump' circus will continue to dominate the news.
Emptying the strategic reserve is at best stupid and at worst corrupt.
Approval of President Biden tends to lag gasoline prices, so expect the Strategic Petroleum Reserve to continue to be used politically.