OPEC+ Ignores Calls For More Crude, Adds Meagre 140,000 Bpd In October

OPEC+ Ignores Calls For More Crude, Adds Meagre 140,000 Bpd In October

OilPrice.com

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OPEC+ added just 140,000 barrels daily of crude oil last month despite multiple calls for more supply amid soaring prices that are fueling inflation. The calculation was made by Bloomberg, which also reported the reasons for the lower addition were continuing problems in Nigeria and Angola. The report comes just as U.S. President Joe Biden pointed the finger at OPEC for rising retail fuel prices in the U.S. while Energy Secretary Jennifer Granholm blamed OPEC directly for the high U.S. prices at the pump. Meanwhile, several OPEC members said in…

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