Posts Tagged ‘nopec’

What is NOPEC, the US bill to pressure the OPEC+ oil group?

US legislation that could open members of oil producing group OPEC+ to antitrust lawsuits has emerged as a possible tool to tackle high fuel prices, after the body said it would slash production despite lobbying by the Biden administration. The No Oil Producing and Exporting Cartels (NOPEC) bill, which passed a Senate committee 17-4 on […]

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