Russia’s deputy prime minister also said Moscow would extend a voluntary cut of 500,000 barrels a day until the end of 2023. The United Arab Emirates, Kuwait, Iraq, Oman and Algeria said they would voluntarily cut output over the same time period.
The UAE said it would cut production by 144,000 bpd, Kuwait announced a cut of 128,000 bpd while Iraq said it would cut output by 211,000 bpd and Oman announced a cut of 40,000 bpd. Algeria said it would cut its output by 48,000 bpd. The Saudi energy ministry said in a statement that the kingdom’s voluntary cut was a precautionary measure aimed at supporting the stability of the oil market.
Saudi Arabia needs to be liberated
Why not invade Iran? this time Iran has both oil and lithium as well.
It must be to stabilise global market 😂😂😂
Oh price of oils going down better choke out the supply to jack up prices
Price too low? Cut production.
No thanks to CNN journalists propping up Biden and his nonsense energy policies. Now we're being punished by other countries as well as our own.
Way to go, Joe!
Gasoline bout to get real expensive 👀
Shouldn't you be reporting about the Zombie drug that ailing your backyard. Get your priorities straight. Report on that!!!
So they can gouge everyone for their sludge.
creating additional problems.
US should start another war for oil.
I hoped the checked w pro golf fans. They seem so very concerned by anything Saudi Arabia does.
Just in time for the election
CNN people , please stop driving your cars and fly your private planes
Get ready for higher gas prices.
All to help Trump
They are really running out of reserves.
If Biden truly cared he would tell the oil companies to start fracking the hell out of the fields and produce record amounts of oil to give the finger to Saudi but he’s not man enough
This is a win for your readers.
Good thing the US did this last month!
Oil stocks tomorrow? Buy?
Biden: blames fellow Americans for rising oil prices.
The sooner we ditch the oil the better
Biden said we will turn Saudi Arabia into a pariah state… Today, Saudi Arabia controls whether to increase oil production or reduce oil production 😅
We don’t need oil. We have Teslas!!
Cmplight72Mayer
Trump 2024
Should probably stop it completely, let the brainwashed get what they're begging for...then revisit this topic.
All Trumps fault 🤣
This is at the request of the republicans so they can look good! When will people learn that OPEC and the republicans are hand in hand. They one a one party rule in the US
Time to get off the climate-changing oil tit
Ummmm
Biden has pushed the world away from America!!!
Increase domestic production and see how fast those taps open back up
That's a huge step by Saudi Arabia towards the right direction. The only step remaining now is to tell the yanks to go shove up their dollar,sell the oil in Yuan or any other currency and it'll be the final nail to the coffin of the falling fascist regime.What a time to be alive
Bout time we handle this. Like handle it.
How to go from energy independent to energy dependent from countries that dont like the US, vote Biden in
Maybe America should start producing more of their own energy? Oh that's right. We're not allowed to.
Gas prices going up even more. Thanks, Biden, for cutting domestic production and ruining our economy
Here they are strangling America because there's a Democrat in the White House and they don't like it. SInce the Carter administration, they've done it when Clinton was in office, when Obama was in office and now they're doing it because Biden is President. It isn't coincidental.
They are NOT beholden to US. bs anymore
Need to open up usa production
Meanwhile China is Building 2 Coal Fired Powerplants per week and plans on doing so for the Foreseeable Future....
Some African country soon
This shows Saudi has been anti United States 😤
TrustTheFungus
Trump allowed the sell to Saudis.
This is Jared’s killer king, and serving Putin and Xi. China buying oil from Russia, so won’t hurt Chinese, but it will hurt the USA and hurt Biden. Folks we need to wake up and realize the “Russia Hoax” was not a “Hoax” at all. The Trump family is in bed with our enemies.
A little reminder from Trump’s era.
Russia 🤝 Saudis
LOL Your move democrats
PattyMurray SenatorCantwell RepDelBene Hope this is on your radar screen when next Saudi arms deal comes up
So gas prices going up?
amusingly
Go ahead and make the price of oil go up, it will make it profitable to extract in the USA again.
The quicker society loses it dependence on Fossil Fuels the quicker we all will be better off