OPEC+ agreed on Sunday exactly how the group should proceed with its oil supply management in the coming months, putting an end to a two-week stalemate over baseline production levels. The group hopes that this new united front will reassure the markets that there is no oil price war looming. The ministers of the OPEC+ alliance held a virtual meeting on Sunday, two weeks after it had failed to clinch a deal due to the objections of the United Arab Emirates (UAE) - OPEC’s third-largest producer behind Saudi Arabia and Iraq - which had insisted…
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