OPEC+ team up against the United States! Will oil prices skyrocket this winter?


2022-10-07: [Chinese Article Link] As oil-producing countries’ organizations (OPEC+) tighten their supply even further, international oil prices rebounded sharply this week, and Brent’s crude oil prices again approached $95 in three weeks’ time. But the new round of cutbacks has pissed the US off, calling OPEC+ short-sighted decisions.


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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OPEC+ team up against the United States! Will oil prices skyrocket this winter?


2022-10-07: [Article Link] As oil-producing countries’ organizations (OPEC+) tighten their supply even further, international oil prices rebounded sharply this week, and Brent’s crude oil prices again approached $95 in three weeks’ time. But the new round of cutbacks has pissed the US off, calling OPEC+ short-sighted decisions.

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.