Byusnewsr1-

Jul 1, 2022

OPEC+ oil boost likely not much help to high gas prices

OPEC+ oil boost likely not much help to high gas prices

NEW YORK (AP) — The OPEC oil cartel and allied producing nations decided Thursday to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy.
The increase of 648,000 barrels per day in August still leaves the world thirsty for oil as it rebounds from the COVID-19 pandemic and runs up…

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