US Officials Try to Ease Russia Price Cap Fears

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Western officials are trying to allay industry fears that the trade in Russian oil will be severely disrupted from Dec. 5, when a proposed price cap is set to take effect.

Oil Supply, Sanctions
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Opec-plus on Sunday kept its oil production policy unchanged, in line with market expectations.
Sun, Dec 4, 2022
Opec-plus producers face a highly uncertain market as they meet Sunday to review policy.
Fri, Dec 2, 2022