Washington weighs its options in the aftermath of OPEC’s big oil move

Washington weighs its options in the aftermath of OPEC’s big oil move

Leaders in Washington have been on their heels since OPEC+ announced deep production cuts. However, what could be in the offing when it comes to additional policy responses have become clearer in recent days.

“There’s a lot of alternatives,” President Biden told reporters on Thursday adding on Friday “I’m not finished with that yet.”

On Wednesday, oil-producing nations — including Russia — announced they would cut production by 2 million barrels per day, saying it was a way to get…


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