Wednesday, 20 November 2019

Where OPEC+ Oil Production Stands Now

Where OPEC+ Oil Production Stands Now:

Saudi Arabia and Russia—the leaders of a nearly three-year-old alliance to curb oil production—are drifting apart. While the Saudis have kept output below agreed levels throughout 2019, Russia in October again failed to meet its commitment. As the OPEC+ coalition prepares to meet next month to chart its future course, the union’s two biggest producers have been taking different approaches to their supply pact.


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