OPINION: OPEC+ words contrast with Saudi action of raising oil prices: Russell Posted on June 6, 2022 by cngpump Producer group OPEC+ said after meeting last week it would bring forward oil production increases to offset lost Russian output as a result of Western sanctions in the wake of Russia’s invasion of Ukraine. Related posts: OPINION: Russian oil’s Achilles’ heel: insurance Saudi Arabia says it is not responsible for high crude oil prices OPEC mulls excluding Russia from oil-production deal OPEC+ working on making up for lower Russian oil output Oil prices slip in early trading, following second straight weekly decline OPINION: India gorges on cheap Russian crude, but its fuel exports at risk: Russell Gazprom expects 4 per cent fall in gas output in 2022 OPINION: No OPEC Or A New OPEC? ONGC weighs raising stakes in Russian oil despite Shell snub Putin, Saudi Crown Prince upbeat on OPEC+ cooperation on oil market
