Global energy experts give their verdict on OPEC+ deal

Global energy experts give their verdict on OPEC+ deal

Last week's meeting of OPEC+ was the most important since the event in April which repaired divisions within the oil producers' alliance and set the stage for recovery in global crude markets.

Under the terms of the spring agreement, OPEC+ was due to put an extra 2 million barrels per day back onto global markets from next month.

But there was disagreement within the ranks as to the effect such a surge in supply would have in a still-fragile world economy, where energy demand continuing to feel the effects of the pandemic.

Saudi Arabia, the biggest exporter in OPEC+, wanted to wait and see how the global economy performed in the first part