OPEC+ sees no need to meet Biden’s call for more supply, sources say

By: - Climate DepotAugust 16, 2021 4:26 PM


Aug 16 (Reuters) – OPEC and its allies, including Russia, believe oil markets do not need more oil than they plan to release in the coming months, despite U.S. pressure to add supplies to check an oil price rise, four sources told Reuters.

Additional reporting by Olesya Astakhova, writing by Dmitry Zhdannikov, editing by David Evans and Barbara Lewis