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OPEC may exempt Russia from oil output quotas ...News
The move would relieve pressure on Moscow amid Western sanctions, according to the Wall Street Journal Some members of the OPEC+ energy group are considering whether to exempt Russia from an oil production deal when it meets on Thursday, The Wall Street Journal (WSJ) reported, citing unnamed OPEC delegates. The delegates are reportedly concerned about the growing economic pressure on Russia and its ability to pump more crude to cool skyrocketing prices. Talks about excluding Russia have been accelerated after the EU agreed on Monday to cut 90% of oil imports from Russia by the end of the year. If Moscow is exempte
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