Russia plays down idea of forming joint organisation with OPEC given U.S. sanctions risk

28 December 2018, News Wires — It is highly unlikely that OPEC and other oil producers would set up a joint structure due to the additional red tape it would create as well as the risk of U.S. monopoly-related sanctions, Russian Energy Minister Alexander Novak said on Thursday. The Organization of the Petroleum Exporting Countries and … More »