The panel pressed laggards such as Iraq, Nigeria and the United Arab Emirates to cut more barrels to compensate for overproduction in May-July, while extending the compensation period from September to the end of December, according to three Opec+ sources.
The Opec news overshadowed the restart of US offshore production after Hurricane Sally passed through the Gulf of Mexico and bearish US economic news.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OPEC+ may hold extraordinary October meeting if oil market worsens - sourceOPEC+ could hold an extraordinary meeting in October if oil markets weaken further, Saudi Energy Minister Prince Abdulaziz bin Salman said on ...
Read more »