BUSINESS

US wants more oil, but OPEC+ can't pump much faster

Dmitry Zhdannikov and Ahmad Ghaddar of Reuters, Published on 23/11/2021

» LONDON: US pressure on OPEC+ to pump more oil and cool red-hot crude prices has shone a spotlight on a relatively new problem for the producer group: it doesn't have much extra capacity to hike output faster, even if it wanted to.