OPEC may let Biden off the hook…

(Saudi Arabia) — OPEC oil producers including Saudi Arabia are considering a move that could put them on better terms with the U.S. They’re looking into an output increase of up to half a million barrels a day. That would partially reverse its controversial decision to cut production in October. This all comes a day before the European Union embargoes Russian oil and the G7 plans to put a price cap on Russian crude oil sales.