Pressure on OPEC+ eases amid oil demand fears Posted on May 4, 2022 by cngpump The meeting on Thursday also comes as the European Union is eyeing a ban on Russian oil imports, following similar moves by the United States, Britain and Canada. Related posts: Explainer: Who is buying Russian crude oil and who has stopped US refiners receiving last Russian oil cargoes before wind-down UAE energy chief doubles down on OPEC alliance with Russia Baker Hughes joins oil rivals in pausing Russian operations Oil price falls below $100, eases pressure on oil marketing companies Oil see-saws near 14-yr highs as US weighs Russia oil embargo Live updates: U.S. House approves Russia oil import ban bill Denmark unveils energy plan to be ‘free from Putin’ EXPLAINER-What would happen if Europe sanctions Russian oil? Russia eyes construction of oil storage, exporting outlets