OPEC Weighs Exempting Russia From Oil Production Deal, WSJ Says

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Some OPEC members are exploring the idea of exempting Russia from its oil-production deal, according to the Wall Street Journal. Sheela Tobben reports on Bloomberg Television.
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The background typing is kinda amateurish. Someone needs to mute the mic, or cut the typing, or get a quieter keyboard.

TheGeeoff
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Sheela Tobben is not reporting but speculating. She doesn't have any solid information and basically just relying on gossip. DISINFORMATION!

benfranklin
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If oil supply is tight then why is the EU in such a rush to remove Russian Oil from the market. With inflation already at record high, such actions are short sighted causing gasoline prices to rise further.

Russia makes so much money from their energy exports, they cannot spend it all. Removing Russia's surplus income will not make a dent in their lifestyle. But in contrast, Europe will become poorer, both their people and their companies.

ibdaramy