OPEC countries decision to cut crude oil production wrong: US condemns

WASHINGTON: OPEC countries (Oil Producing and Exporting Countries) have decided to cut petroleum production by 20 lakh barrels per day from November to increase the price of crude oil in the international market. In this case, White House press secretary June Pierre said in a press conference the day before yesterday, “The decision of the OPEC countries is wrong. This production cut is in favor of Russia. This reduction in production will affect the international economy. Impact on the global market. OPEC has taken this decision without considering the welfare of the people of the world including the United States. The economies of low-income countries will suffer. President Biden is going to review the relationship with Saudi Arabia,’ he said.