How Will U.S. Sanctions on Russia Impact OPEC+ Strategy? ...Middle East

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How Will U.S. Sanctions on Russia Impact OPEC+ Strategy?
source : OILPRICE ( Middle East ) () 59
The OPEC+ group will decide this weekend on production levels for December, in the first meeting since the United States slapped sanctions on the two biggest oil firms in Russia, a key member of the OPEC+ alliance and its second-largest producer after Saudi Arabia.  The producer group led by the Kingdom and Russia has been managing supply to the market for nearly a decade, mostly by restricting oil output to ensure “market stability” in OPEC+ lingo; in other words, to support oil prices or at least put a floor under them. …

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