Saudi Arabia announces voluntary oil production cut

Saudi Arabia announces voluntary oil production cut

[ad_1] Representative Image (Photo: Twitter) Riyadh: Saudi Arabia’s Energy Ministry has announced a voluntary oil cut of 500,000 barrels per day from May till the end of 2023. The production cut is in coordination with some other countries of the Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC Participating Countries in the Declaration of…

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U.S., EU lawmakers feel cut out of Biden’s electric vehicle trade agenda

U.S., EU lawmakers feel cut out of Biden’s electric vehicle trade agenda

[ad_1] “I’ve said it before and I’ll say it again so there is no confusion: Congress will not, under any circumstance, forfeit our constitutionally mandated oversight responsibility of all trade matters,” Rep. Adrian Smith (R-Neb.), chair of the House Ways and Means trade subcommittee, said in a statement Friday. “This is unacceptable and unconstitutional, and…

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