Angola resists OPEC pressure to comply fully with oil cuts- sources – ZAWYA

Angola resists OPEC pressure to comply fully with oil cuts- sources – ZAWYA

Angola resists OPEC pressure to comply fully with oil cuts- sources | ZAWYA MENA Edition HomeMarketsCommoditiesArticleAngola resists OPEC pressure to comply fully with oil cuts- sources After July, the cuts are due to taper to 7.7mln bpd until December    DUBAI/LONDON- Angola is resisting pressure by OPEC's de-facto leader Saudi Arabia for a steeper oil output cut to comply fully with record supply curbs, OPEC and industry sources said.The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, have been cutting oil output since May by a record 9.7 million barrels per day after the coronavirus crisis destroyed a third of global demand.After July, the cuts are due to taper to 7.7 million bpd until December.The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, have been cutting oil output since May by a record 9.7 million barrels per day after the coronavirus crisis destroyed a third of global demand.DUBAI/LONDON- Angola is resisting pressure by OPEC's de-facto leader Saudi Arabia for a steeper oil output cut to comply fully with record supply curbs, OPEC and industry sources said.After July, the cuts are due to taper to 7.7 million bpd until December.Saudi Arabia has been pressing laggards