The move to cut oil output is “unhelpful” the head of the Treasury told the Financial Times The head of the US Treasury Department has criticized this week’s decision by the Organization of the Petroleum Exporting Countries and allies (OPEC+) to lower oil production, in a phone interview with the Financial Times. “OPEC’s decision is unhelpful and unwise – it’s uncertain what impact it will end up having, but certainly, it’s something that, to me, did not seem appropriate, under the circumstances we face,” Treasury Secretary Janet Yellen was cited as saying. Washington is “very worried about developing countries an
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