OPEC Promises Oil Supply Boost Without Offering Concrete Numbers

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Опубликовано 23 июня 2018, 16:26
According to a report by Reuters, OPEC agreed with Russia and other oil-producing allies to raise output from July on Saturday, with Saudi Arabia promising a 'measurable' supply boost. Non-OPEC oil producers have reportedly agreed to participate in the pact without agreeing to any concrete numbers amid deep disagreements between OPEC arch-rivals Saudi Arabia and Iran. The United States, China and India all urged oil producers to increase supply in order to prevent an oil deficit that threatens to undermine global economic growth.
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