OPEC+ tries to reach compromise on oil output policy as UAE blocks production boost ...News

The Organization of the Petroleum Exporting Countries (OPEC) and allied producers will continue talks on increasing oil output on Friday after the United Arab Emirates rejected a proposal aimed at settling the issue. Negotiations between OPEC and its non-member partners stalled late on Thursday after the UAE rejected an output deal pushed by top producers Russia and Saudi Arabia. Also on rt.com Oil surges past $75 as OPEC+ discuses 2 million bpd output boost The two countries proposed to increase output by 2 million barrels per day by the end of 2021, bu

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