- A group of bipartisan US senators reintroduced a bill to pressure the OPEC oil production group to stop making output cuts.
- The bill would change US antitrust law to revoke the sovereign immunity for OPEC+ members and their national oil companies from lawsuits over price collusion.
- The bill passed the US Judiciary Committee last year after the OPEC+ producer group agreed to cut output by 2 million barrels per day.
- OPEC has continued with the 2 million bpd cut, Russia has said it is cutting output by 500,000 bpd in March.
US senators reintroduce bill to pressure OPEC oil producer group
A group of bipartisan U.S. senators on Wednesday said they have reintroduced legislation to pressure the OPEC oil production group to stop making output cuts.
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