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2022.10.10 22:26 GMT+8

BizBeat Ep. 500: U.S. doesn't have final say in oil markets anymore

Updated 2022.10.10 22:26 GMT+8
CGTN

OPEC+ plans to reduce oil production by 2 million barrels per day in November, drawing a sharp response from the U.S., which is threatening a series of tough measures to punish it. But this time, OPEC+ countries stuck to their decision, and even began to reduce its reliance on the dollar and settle oil transactions in other currencies. In this episode of BizBeat, CGTN's Song Yaotian points out that the U.S. doesn't have the final say in the oil markets anymore. 

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