The United States sets the end of the year to end its interference in the oil market

Amos Hochstein, senior energy security adviser at the US State Department, said the US could stop interfering in the oil market by the end of 2022.

The US State Department spokesman stressed that this will be possible due to a possible increase in oil production by one million barrels per day in the United States, which is expected by the presidential administration.

According to Hochstein, global prices are already showing a significant drop – to around $100 from $120 a barrel.

Earlier, the US State Department’s senior adviser on energy security said that Saudi Arabia, the United Arab Emirates and Kuwait have the necessary capacity to increase their oil production.

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