At a time when countries were already grappling with high oil prices, the OPEC+ announced fresh cuts in its oil production. The U.S. says the world needs lower prices to support economic growth. We ask, the world needs it? Or the west does?
#TheWestAsiaPost #OPEC #OilPrice
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49 Comments
USA has lots of oil in the USA, Biden administration won't let us drill.kill million people,and steal oil is the sop
The west needs it
STOP SENDING FOOD, TECH, MEDIC, MONEY, VACATION, WATER,,,, ect. TO THE MIDDLE EAST.
Another gorgeous reporter
We got coconut oil
It means nothing, the world is moving away from the use of fossil fuels.
One more reason to continue heavily investing in renewable energy sources, countries need to be independent of other nations oil/gas or at least reduce our purchase of those fuels as much as possible, we need to invest heavily in our energy independence
OPEC don't like the West and might just be helping Russia and China. See some people can put sanctions on other countries and they don't even don't know it.
western country blaming asian countries for decarbonation last year.. now they want to increase oil. story repeating for many decade.. west spoiled earth..
By seizing OPEC member assets in America, Biden is shooting America in the foot. America as a place to do business is why the dollar is trusted. Break that trust, break the dollar. Death by a thousand cuts.
The Yuan will not replace the dollar, China is a communist loony bin.
The Euro might though.
Opec is getting mathematics intelligence by solving: printing petrodollar is greater than drilling petroleum by reversing the equation.😂
Great info!
In countries such the US.
1. More electric vehicles are seen on the roads 2. E85 production needs to increase 3 buy smaller vehicles for better fuel mileage. Decoupling the US oil production from the OPEC and allowing the US to set lower fuel prices would be nice. The US is an exporter of refined petrol. Let the OPEC increase oil prices to other Asian countries to $100.00 plus. Will see if those countries economies can support elevated fuel prices
The West needs lower oil prices, but higher tech communities prices for their companies.
It's just OPEC looking out for its own wellbeing with the economic downturn forced upon it by the West. But, the West is killing itself with their economic sanctions against Russia, and driving up oil prices. While OPEC gains, the US profits obscenely. China and India remain smug. The Europeans, certainly, are the greatest losers, and may realise that the real source of their prosperity and security lies with Russia rather than the US. God help the Poles and Finns!
Biden asked for more oil production.
This is the outcome.
While the US is stealing oil in Syria.
No it is not a surprise…. USA has force it.
Get rid of DeepState and start pumping the oil! Abolish FED, the problem SOLVED!
Happy birthday on 9th April
😂😂😂😂let the West fall plz … They have nothing
The oil producing countries are trying to make the most out of a product that is increasingly obsolete. This cut will just encourage the moves away from oil, a product that is largely responsible for global warming.
The open countries are not well positioned geographically to withstand the effects of global warming.
US, EU and their allies do not need crude oil . They can use green energy
Comply or face Sanctions and reposition of your assets 🇺🇸
US is one of the world top crude oil producer
So OPEC is the one who caused all inflations. Higher energy prices result in Higher food prices.
People Vs. OPEC
The west miscalculated
German government will fall with violent❤
Yesss first time watching you great reporting 💙🇪🇹
America should not ask OPEC countries to subsidise the Oil for the world. AMERICA IS SO CARING, IT SHOULD EXPORT ITS OWN OIL IN SUBSIDISED PRICES! 😂😂😂
I thibk America and the wedt should invade all of those oil country
All for a stupid war that should have ended over one year ago on March 2022.
Who is this host? she doesnt looks like an indian
Let the west buy the exclusive prices middle east oil, and the rest including the middle east producing countries consume cheaper russian oil ha….😂
The West doesn't need crap from anyone. The U.S.A has plenty of oil reserves but won't use them until absolutely necessary. The people in the east hate the west but they all want to live in the west. WHY IS THAT I WONDER?
They are cutting it because China's economy is collapsing. They aren't importing a lot of oil because their manufacturing is dying.
No surprise it's planned
America gets oil now from Venezuela now no longer russia
Marathon and she'll got subsidies from biden to get oil from Venezuela and contracts
In May gas should be around 3.99 to 4.05 a gallon in 2023 by end of May
Near me it's 3.59 to 3.69 a gallon already which is what it was prepandemic levels
The end of the United States dominations and beginning of the multi polar world order because that what the majority wants period .
what do you expect from Saudi and OPEC+ when you applied price cap by manipulating market?
5$ per barrel ? 😂😂
Who is surprised by the Sauds leveraging old frens? Old frens.
So what? My new teleport badge works fine
she is so beautiful ❤
With Saudi how possible and some decesion also taken by India there is excuse for India