OPEC+ agrees new oil deal but without UAE agreement, source says ...Middle East

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OPEC+ agrees new oil deal but without UAE agreement, source says
source : Devdiscourse ( Middle East ) () 25
OPEC+ agreed on Friday to add more oil to the market immediately and extend the duration of their pact on their remaining production curbs for longer, even though the United Arab Emirates still opposed the new deal, an OPEC+ source said. All OPEC+ deals require unanimous approval. The rare development on Friday means the UAE could still derail the plan. It was not immediately clear how the new plan would work.

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