OPEC discussing deal to increase crude oil production by 2 mln b/d by December
02.07.2021
MOSCOW (MRC) -- OPEC and its allies appear in striking distance of a deal on production quotas, discussing proposals that call for an output increase of about 2 million b/d from August to December to meet recovering global oil demand, three sources told S&P Global.If agreed, the OPEC+ alliance's collective production cuts would shrink by about one-third by the end of the year to about 3.7