Biden describes OPEC production announcement as "positive"
- Economy
- Reuters
- Published Date: 06:53 | 03 June 2022
- Modified Date: 06:56 | 03 June 2022
U.S. President Joe Biden on Friday welcomed the Organization of Petroleum Exporting Countries announcement on increased production, but said he was not sure it was enough.
"They acknowledged that there is an oil shortage and they have made an announcement that they're going to increase production. So I don't know enough to know whether it's enough. I know it's positive," Biden told reporters after remarks on the jobs report in Rehoboth Beach, Delaware.
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