Saudis: More Oil From OPEC+ Can’t Solve Global Natural Gas Crisis

Even if OPEC+ were to boost oil supply to the market, as major consuming nations have called for, it wouldn’t have much difference on the global natural gas market, Saudi Energy Minister, Prince Abdulaziz bin Salman, said on Wednesday. Just this week, the United States signaled that the Biden Administration hadn’t given up on calling on the OPEC+ alliance to increase supply to the market to bring crude and gasoline prices down. “We are continuing to press, through member countries — member countries of OPEC, even as we are…