OPEC Aims for Modest Output Hike to Overcome Iranian Opposition
Iran says Venezuela, Iraq will help it to block any increase/ A crew man stands on the deck of a crude oil tanker as it sails through the Persian Gulf towards Kharq Island oil terminal to transport crude oil to export markets in the Persian Gulf, Iran./ OPEC is discussing a relatively modest production increase before its meeting in Vienna this week, an attempt to bridge the gap between Russia’s push for a big rise and and Iran’s insistence that no change is needed./ While a compromise may be necessary to overcome vocal opposition from ...
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