What The West Is Getting Wrong About OPEC

What The West Is Getting Wrong About OPEC

OilPrice.com

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Saudi Arabia and the UAE have been repeatedly called upon by Western leaders to increase oil production in order to counter soaring prices. So far, all requests have been bluntly refused by Riyadh, Abu Dhabi, and other OPEC members. Both Saudi Arabia and the UAE have made it clear that they plan to maintain the OPEC+ production agreement, an agreement that includes the participation of Russia. Saudi Arabia’s Minister of Energy, Abdullah bin Salman, and his Abu Dhabi counterpart, Al Mazrouei, have again and again emphasized their focus on…

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