Tue, 2020-07-14 03:21
DUBAI: OPEC+, the oil alliance led by Saudi Arabia and Russia, is close to a deal that will take it to the next stage of the historic agreement signed in April to limit global crude production.
Ministers from the 23 countries of the alliance will meet via webinar on Wednesday to seal the deal, but behind the scenes officials from the Organization of the Petroleum Exporting Countries (OPEC) have been in talks to finalize details of the agreement to add roughly 2 million barrels per day (bpd) of oil to current levels.
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