(Bloomberg) — Try refreshing your browser, or OPEC+ Pushes for Oil Output Deal as Standoff Eases Back to video OPEC and its allies met on Sunday in a final effort to unblock a deal to increase production, as a bitter standoff between Saudi Arabia and the United Arab Emirates has been resolved. Officials have said privately in recent days that a full meeting would only be called if a deal was in reach. A news conference is scheduled for 1 p.m. Vienna time. A truce would open the way to more oil coming onto the market, easing a looming supply squeeze and averting an inflationary price spike. It would also put an end to a diplomatic spat that has unnerved oil traders, as the fight between the two long-time allies risked unraveling the broader OPEC+ accord that’s underpinned the recovery in crude prices.