The director of the American Economic Council refuses to comment on Saudi Arabia’s position on the “OPEC +” decision: We have options

The director of the American Economic Council refuses to comment on Saudi Arabia’s position on the “OPEC +” decision: We have options

The director of the US National Economic Council, Brian Daisy, declined to comment on the Saudi position or “OPEC +’s” announcement to reduce oil output, noting that there are “several options on the table” for the administration.
Brian Daisy said, “I have no comment today regarding Saudi Arabia. We will engage with Congress. We will not pre-empt any steps for the administration.”

The National Economic Council director stated that “President (Joe Baden) has several options on the table and they are being discussed to keep oil prices low,” and Daisy emphasised the need to “maintain low prices and provide supply” when speaking about the White House’s options following the “OPEC +” decision. He promised not to go into detail at this time.

The US administration, he noted, is looking at “the implications of the shortage of supply on the markets,” and it will speak with Congress “to explore for solutions, including withdrawing from the strategic oil reserve,” according to him.
Author: RT.

Regarding Saudi Arabia’s stance on the “OPEC +” decision, the director of the American Economic Council declines to comment: We have choices.

About Author

Economics