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2018-06-20 13:10:00

OPEC DISCUSSES 600,000

OPEC DISCUSSES 600,000

BLOOMBERG - OPEC members are discussing a compromise agreement that would see an oil production increase of between 300,000 and 600,000 barrels a day over the next few months, according to people briefed on the talks.

While Iran said on Sunday it's opposed to any increase to current quotas, officials from a number of other countries are optimistic that an agreement can be won for a relatively modest hike at this week's meeting in Vienna, the people said, asking not to be named discussing private conversations.

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Tags: OPEC, OIL, PRICE, PRODUCTION

Chronicle:

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