23 June 2018, Vienna – OPEC agreed on Friday on a modest increase in oil production from next month after its leader Saudi Arabia persuaded arch-rival Iran to cooperate, following calls from major consumers to help reduce the price of crude and avoid a supply shortage. However, the decision confused some in the market as OPEC …
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Opec reaches deal to raise oil output by 1 million bpd from July
![Opec reaches deal to raise oil output by 1 million bpd from July]()
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