U.S. Official Calls For Higher Global Oil Production

The United States wants to see the world producing more crude oil, including OPEC members. This is what a State Department official said on the sidelines of CERAWeek, noting that the global economy is recovering and more supply is necessary to meet demand. "As world economies recover, we'll see more consumption. And therefore we'd like to see supply meet demand," Jose Fernandez, Undersecretary of State for Economic Affairs, Energy and the Environment, said, as quoted by the AFP. He then went on to add that this included output from OPEC+,…