In MSNBC’s “Yasmine Vossugian Reports” Monday, National Security Council Strategic Communications Coordinator John Kirby said that after his visit to Saudi Arabia, President Joe Biden is optimistic that “additional announcements may be made in the next two to three weeks. Oil production in the Middle East.” “This is an OPEC decision, not just something the Saudis did unilaterally,” he said.
Host Yasmine Vossugian asked, “What consequences will Saudi Arabia have, given the fact that their country is actually running out when it comes to oil production?” she asked.
Kirby replied: “There have been very active discussions and bilateral negotiations with the Saudis on energy security and oil production in the context of the GCC. there [were] No announcements are planned or expected as a result of this visit, but as you’ve heard, the President, after meeting with the Crown Prince and Saudi officials, said he was hopeful there could be an announcement of additional oil in the next two to three weeks. producing. leaving the area. This is an OPEC decision, not something the Saudis do unilaterally. There will be an OPEC meeting here in a few weeks and we look forward to the results. I would like to point out that one of the reasons why you see a decrease in natural gas prices is that OPEC+3 increased by 50% and the planned increases in July and August were added to one million barrels. per year. The day the United States released funds from its strategic reserve, they all helped stabilize the market.”
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Source: Breitbart
