Replacing Russian oil supply to Europe is almost impossible, OPEC warns

Jerusalem Post

13 Apr 2022 0 shares 1 views

Jerusalem Post

Published 13 Apr 2022

Will the Middle East be able to increase oil exports if the European Union sanctions Russia over its invasion of Ukraine?

OPEC Warns The EU That Replacing Russian Oil Will Be “Nearly Impossible”

Replacing Russian crude oil lost by a possible ban from the EU would be nearly impossible, OPEC Secretary General Mohammad Barkindo..

OilPrice.com 11 Apr 2022

The European Union is holding a high-level dialogue meeting with OPEC on Monday, as the EU is looking at ways to step up sanctions..

OilPrice.com 11 Apr 2022