WSJ: OPEC considers suspending Russia from oil deal.
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June 1, 2022 5:12 am
Some OPEC members are mulling over the possibility of suspending Russia’s participation in an oil-production deal that limits the amount of crude oil each member can produce, the Wall Street Journal reported, citing OPEC delegates. This move could potentially allow for Saudi Arabia, the United Arab Emirates and other producers in the OPEC to pump more crude oil.