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

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OPEC+ tries to reach compromise on oil output policy as UAE blocks production boost
source : Russia Today ( News ) () 53
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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