- Analytics
- News and Tools
- Market News
- OPEC chief pledges to deepen ties with new U.S. administration even as Biden calls for climate action
OPEC chief pledges to deepen ties with new U.S. administration even as Biden calls for climate action
CNBC reports that the oil cartel’s Secretary General Mohammed Barkindo told that oil-producing group OPEC will continue to strengthen its relationship with the U.S. energy industry under Joe Biden’s new administration.
Barkindo congratulated Biden for his upcoming inauguration during a virtual panel hosted by the Atlantic Council Global Energy Forum, and said: “We continue to deepen this relationship, which we found mutually beneficial to all of us.”
“And we intend to continue along this fashion going forward and the administration of President Biden,” he told CNBC.
OPEC leaders were known to have at times communicated with outgoing President Donald Trump, who was particularly vocal and active about the oil markets and what he believed oil-producing countries should do to alter crude prices.
Asked if he had been in touch with Biden yet, Barkindo replied: “No, not at all.”
“We believe that we have established very mutually beneficial productive relationships with the industry in the United States. And I think we have no option but to continue to strengthen this relationship under President Biden,” he added.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
