OPEC Stands With Russia As EU Imposes $60 Price Cap

OPEC+ reaffirmed their commitment to reduce oil production in apparent solidarity with the heavily sanctioned Russian Federation. The US and EU are in no position to dictate the price of oil when they produce relatively little and constantly demonize the very existence of oil as a resource essential to sustaining billions of human lives.

https://www.cnbc.com/2022/12/04/opec-meeting-oil-producer-group-in-focus-ahead-of-russia-sanctions.html