A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after the oil producer group led by Saudi Arabia and Russia this month agreed to cut output. The legislation could be debated by lawmakers after the Nov. 8 midterm elections. The so-called No Oil Producing and Exporting Cartels bill, or NOPEC, gained momentum in the U.S. Congress after the Organization of the Petroleum Exporting Countries and allies decided on Oct. 5 to cut production by 2 million barrels per day. That was despite lobbying by the administration of President Joe Biden. High oil prices are a vulnerability for Biden and his fellow Democrats who are seeking to keep control of Congress in the elections. The Senate Judiciary Committee, which easily passed the bill in May, moved the bill on Tuesday to the Senate floor, the Senate website showed. […]