No agreement on increased output at OPEC meeting : vimarsana

No agreement on increased output at OPEC meeting


No agreement on increased output at OPEC meeting
Robert Besser
09 Jul 2021, 13:39 GMT+10
After two days of failed discussions, the OPEC+ ministers abandoned talks about an increase in oil output starting next month, after the UAE rejected a proposed eight-month extension to output curbs
OPEC's Secretary General Mohammad Barkindo said in a statement on Monday that the meeting had been cancelled without a date for the next one being set
Decisions in OPEC+, which groups the Organization of the Petroleum Exporting Countries with Russia and other large producers, must be unanimous
DUBAI, United Arab Emirates: After two days of failed discussions, the OPEC+ ministers abandoned talks about an increase in oil output starting next month, after the UAE rejected a proposed eight-month extension to output curbs.

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