by Chris Black
When Putin met with Xi last month in Moscow, they did a toast “to Biden, for bringing us together.”
This appears to be applying to every country outside of the direct control of the United States.
Russia extended until the end of 2023 the decision to reduce oil production by 500 thousand barrels per day.
OPEC and other countries (Saudi Arabia, UAE, Iraq, Kuwait, Oman and Algeria) have also said they will cut production before the end of the year. pic.twitter.com/fRRMwTiLRi
— Spriter (@Spriter99880) April 2, 2023
Meanwhile, Saudi has invited Assad to visit, as that rift appears to be close to closing as well.
RT:
An unexpected announcement by the OPEC+ group of oil producing countries of a plan to slash their combined output by another 1.15 million barrels per day pushed the prices of crude up as much as 6% in early Monday trading.
The oil producers, who control roughly 50% of global oil supplies, reached a decision to reduce their output starting from May until the end of 2023, in a move designed to stabilize the markets, according to a series of announcements on Sunday
