Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: One was killed, another injured in a raid by an Israeli drone on the city of Khiam in South Lebanon
London views possibility of setting fire to tanker in port of friendly country to Russia to damage port infrastructure, initiate an international probe: Moscow
One of London's scenarios involves setting up accident with 'undesirable' tanker in one of the bottlenecks of maritime communications: Russian foreign intelligence agency
London plans to organize major sabotage with tankers to declare transportation of Russian oil to international shipping: Russian foreign intelligence agency
UK intelligence agencies plan to use NATO allies to launch massive raid on 'Shadow Fleet': Russian foreign intelligence agency
Palestinian Ministry of Health: Two were martyred in Israeli shelling that targeted a besieged house in the town of Qabatiya in Jenin
At least 68 dead in migrant shipwreck off Yemen: IOM
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.

Blinken says OPEC+ oil production cut not action of ally

  • By Al Mayadeen English
  • Source: Agencies
  • 20 Oct 2022 17:04
  • 1 Shares
3 Min Read

The US Secretary of State says the oil production cut decision that Riyadh and OPEC+ took was one that was "deeply unfortunate and also deeply misguided."

  • x
  • US Secretary of State Antony Blinken
    US Secretary of State Antony Blinken (AP)

US Secretary of State Antony Blinken considered on Thursday that Saudi Arabia did not behave like a US ally when it sided with the need to cut the OPEC+ oil production but indicated the two countries still have many common interests.

"In this instance, it's not. But we have a multiplicity of interests with Saudi Arabia," Blinken told ABC News' George Stephanopoulos when asked whether Riyadh's decision to support the oil cuts amounts to "the actions of an ally."

According to the top US diplomat, Washington is trying to restore economic growth, which makes it "the wrong time to engage in production cuts."

Blinken said, "The step that Saudi Arabia and the OPEC+ organization took was one that was deeply unfortunate and also deeply misguided. To the extent that this causes oil prices to go up and Russia's exporting oil, it's helping to line Putin's pockets."

Read more: Saudi Arabia affirms "rejection of any dictates" in response to US

The US, Saudi Arabia, and OPEC+

Earlier in October, the 13-nation OPEC+ and its 10 allies infuriated the White House by resolving to cut output by two million barrels per day beginning in November, fueling fears that oil prices may spike.

Related News

Putin open to meeting Zelensky pending expert-level talks: Peskov

Pro-'Israel' Democrats breaking with Netanyahu amid Gaza war

"I'm not going to get into what I'd consider and what I have in mind. But there will be -- there will be consequences," US President Joe Biden told CNN.

Biden would not specify which choices were being evaluated, although the White House had previously stated that the US President was reassessing connections between allies.

"I think the president's been very clear that this is a relationship that we need to continue to re-evaluate, that we need to be willing to revisit," US National Security Council Spokesperson John Kirby told CNN, adding that "certainly in light of the OPEC decision, I think that's where he is."

On the other hand, Saudi Arabian Foreign Minister Adel Al-Jubeir denied all allegations that OPEC+'s decision was directed at the US and stated that its aim was to stabilize the global market amid a slowing economy.

It is noteworthy that US National Security Advisor Jake Sullivan said on October 16 that Biden had "no plans" to meet with Saudi Crown Prince Mohammad bin Salman on the sidelines of the G20 summit coming up next month in Indonesia.

In the same context, the head organizer of the Saudi investment conference, Davos in the Desert, pointed out on October 17, that "no invitations will be sent to US government officials to attend the conference, which will be held at the end of October," adding that it is to prevent the gathering from becoming a "political platform".

Recently, Biden announced the sale of an additional 15 million barrels from the Strategic Petroleum Reserve, completing the release of 180 million barrels authorized by him in March.

The release created additional supply to refineries, bringing down fuel prices that at one point hit a record high of over $5 per gallon. On Wednesday, a gallon of gasoline at the pump in the United States averaged $3.85.

Read more: WH considers recommending US firms of pulling out from Saudi Arabia

  • United States
  • Riyadh
  • Washington
  • US
  • OPEC+
  • Antony Blinken
  • Saudi Arabia

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS