President Biden’s visit to Saudi Arabia earlier this year was clearly an attempt to convince OPEC to ramp up oil production to help bring down the cost of gasoline at the pump ahead of the midterm elections. The Saudis actually ended up saying production would be lowered.
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Saudi Arabia released an official statement regarding the attempts by the Biden Admin to get a political favor from OPEC in form of them delaying their announced cuts by a month. https://t.co/n7GpCrxLnU
— Yossi Gestetner (@YossiGestetner) October 13, 2022
