Reuters revealed OPEC officials believe a possible European Union ban on oil from its partner Russia would hurt consumers and the group has conveyed its concerns to Brussels. Major OPEC members, such as Saudi Arabia and the United Arab Emirates, have tried to navigate a neutral course between the West and Moscow, while OPEC+, a grouping that includes Russia, has steered clear of the Ukraine issue in its policy meetings.
Business & FinanceDealsEconomyEnergy
Reuters Reveals OPEC officials tell EU of unease about proposed ban on Russian oil
24 March 2022, 12:38 pm 1 minute
Article Tags
Topics of Interest: Business & FinanceDealsEconomyEnergy
Type: Reuters Best
Sectors: Business & FinanceCommodities & EnergyEconomy & PolicyUtilities & Other Energy
Regions: AsiaEurope
Media Types: Text
Customer Impact: Important Regional Story