Russia looms large behind OPEC+ output hike decision - Nikkei Asia

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Russia looms large behind OPEC+ output hike decision - Nikkei Asia

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The logo of the Organization of the Petroleum Exporting Countries (OPEC).

The need to prudently use "severely limited" extra volume to guard against potential supply disruptions was.the official reason.

President Joe Biden to open the taps wider, but experts are citing another reason for the stinginess: Russia.

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Article Details

Author / Journalist: Staff Writer

Category: InvestingFinanceAsia

Topics: Exporting Organization Output Opec+ (opec) Other Nikkei Russia Petroleum Countries Producers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-08-06, 09:30:00

News Timezone: GMT +9:00

News Source URL:

Language: English

Reading Time: 2 minutes read

Article Length: 196 words

Coverage Area: Japan

Availability: Desktop Web, Mobile Web

News ID: 117084

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About Nikkei Asia

Nikkei Asia Logo

Main Topics: InvestingFinanceAsia

Official Website:

Update Frequency: 31 posts per day

Year Established: 1876

Headquarters: Japan

News Last Updated: 8h ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +9:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #19

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