Saudi-led talks to set oil output for rest of year ...Kuwait

The New Arab - News
Saudi-led talks to set oil output for rest of year
The OPEC+ group of oil-producing countries will meet on Thursday and - in discussions led by Saudi Arabia - are expected to agree to boost oil output in August to meet demand and limit recent price rises.  The cost of crude oil has surged back to levels last seen in October 2018, which would normally support arguments in favour of boosting production.  India, the world's third-largest consumer of crude, has urged OPEC+ to phase out its current regime of cuts and allow prices to fall as inflation pressure threatens to hobble economic recovery.  OPEC members led by Saudi Arabia are to confer on Thursday via a teleconference scheduled to begin at 11:00 GMT.  Four hours

Hence then, the article about saudi led talks to set oil output for rest of year was published today ( ) and is available on The New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi-led talks to set oil output for rest of year )

Apple Storegoogle play

Last updated :

Also on site :