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Scared by looming U.S. anticartel legislation for oil industry Organization for Petroleum Exporting Countries and its allies such as Russia have decided against creating formal body at least on paper Scared by looming U.S. anticartel legislation for the oil industry the Organization for the Petroleum Exporting Countries and its allies such as Russia have decided against creating a formal body at least on paper NegativeScared by looming U.S. anticartel legislation for the oil industry the Organization for the Petroleum Exporting Countries and its allies such as Russia have decided against creating a formal body at least on paper http://www.reuters.com/places/africa/article/us-oil-opec-russia/opec-russia-draft-cooperation-charter-offers-no-formal-body-document-idUSKCN1Q01I92019-02-12