Anthony Di Paola and Verity Ratcliffe

Government, Business, Fuel

OPEC+ Ministers Say Pumping More Oil Wouldn’t Ease Gas Prices

Abdulaziz bin Salman, Saudi Arabia's energy minister Prince Abdulaziz bin Salman, Saudi Arabia's energy minister. (Andrey Rudakov/Bloomberg News)

Saudi Arabia’s energy minister said a dearth of refining capacity meant that gasoline and other oil products would remain expensive even if the world’s biggest exporters pumped more crude.

May 16, 2022