The officials came away empty-handed, however, as Petrobras said that output levels were determined by business strategy rather than diplomacy and also that a significant short-term production boost would not be logistically possible, Reuters says.
Exactly right. Each country is producing the amount of oil that makes economic sense. Why the fuck are we going to all these countries begging for more oil? We're negotiating from a position of weakness. What are we even offering them in exchange? Imagine being one of these countries. The US has tons of oil which it's not exploiting and then comes begging for oil. What a clown world.
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