Saudi Arabia leads OPEC decision to drop IEA data as US ties fray
12 April 2022; MEMO: A decision driven by Saudi Arabia that OPEC+ should stop using oil data from the West's energy watchdog reflected concern about US influence on the figures, sources close to the matter said, adding to strain on ties between Riyadh and Washington, Reuters reports.
The Organisation of the Petroleum Exporting Countries and allies, including Russia, a group referred to as OPEC+, has so far ignored Western calls to increase output to try to lower oil prices of around $100 a barrel.