OPEC Plus Agrees on Oil Production Increase, Ending Dispute With U.A.E.
OPEC Plus Agrees on Oil Production Increase, Ending Dispute With U.A.E.
NNA -
Major oil producers reached a deal on production increases on Sunday, as the United Arab Emirates and Saudi Arabiaresolved a dispute that had blocked an agreement this month.
Under the agreement, OPEC Plus, as the group is known, will increase production each month by 400,000 barrels a day indefinitely, beginning in August.
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