OPEC works toward deal as Saudis propose plan for higher output
OPEC seems to face better odds of reaching an oil output deal on Friday as Iran backs away from a threat to veto any agreement that would raise production, and Saudi Arabia proposes a move that close to 600,000 barrels per day to the market.
by Wael Mahdi, Elena Mazneva and Nayla Razzouk, bloomberg
The odds of OPEC reaching an oil-production deal increased as Iran edged away from a threat to veto any agreement that would raise output and Saudi Arabia put forward a plan that would add about 600,000 barrels a day to the global market.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Trump lashes out at OPEC's oil prices
For subscribers
