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Bill to pressure OPEC oil producer group passes U.S. House panel, future uncertain

Apr 20, 2021 - Nasdaq

WASHINGTON, April 20 (Reuters) - A U.S. House panel on Wednesday passed a bill to open the OPEC oil production group and countries that work with it to lawsuits for collusion in boosting petroleum prices, but it was uncertain whether the legislation would be considered by the full chamber.

The so-called NOPEC bill, introduced by Representative Steve Chabot, a Republican, passed on a voice vote in the House Judiciary Committee. Similar bills to crack down on the Organization of the Petroleu...