When oil prices surged during Donald Trump’s term in the White House, OPEC and its allies had to brace for a Twitter storm demanding action to bring prices down. That has all changed under U.S. President Joe Biden, Reuters reported exclusively. His team barely uttered a word this month when crude soared to more than $70 a barrel, an almost 40% rise from the start of 2021. “Biden’s people are busy on other fronts, like fighting the pandemic,” a Reuters’ OPEC source said.
Environment
Reuters exclusively reports White House without Trump stays quiet on OPEC
23 March 2021, 2:03 pm 1 minute
Article Tags
Topics of Interest: Environment
Type: Reuters Best
Sectors: Commodities & Energy
Regions: EuropeNorth America
Countries: England
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story