OPEC and allies struggle to pump more oil as Iran supply falls
OPEC and its allies reduced oil output in August as a drop in Iranian supply due to U.S. sanctions derailed their attempts to raise production to agreed levels, delegates said on Saturday as the energy producers prepared to hold talks in Algiers./ FILE PHOTO: The logo of the Organization of the Petroleoum Exporting Countries (OPEC) at OPEC's headquarters in Vienna, Austria, June 19, 2018. REUTERS/Leonhard Foeger/File Photo/ The development further raises pressure on the Organization of the Petroleum Exporting Countries to boost supply amid ...
Click
To Read Full Article