This meeting was held two months after several countries in this cartel announced a voluntary cut in their production quotas to boost prices.

The members of the alliance of oil-exporting countries, OPEC+, held a meeting on Sunday where they adopted a strategy to boost the prices of black gold by cutting crude production.

The president signed the bill just days before Treasury officials warned the department would run out of money to pay the nation’s bills

President Joe Biden on Saturday signed legislation to raise the debt ceiling into 2025 and avert a default, marking a significant bipartisan accomplishment amid divided government in Washington, D.C.