OPEC And Allied Nations Have Agreed To End A Dispute That Has Roiled Energy Prices
The agreement will create a path for major oil producers to eventually begin pumping more oil, ending an earlier dispute sparked by the United Arab Emirates.
by The Associated Press
Jul 18, 2021
2 minutes
DUBAI, United Arab Emirates â OPEC and allied nations Sunday agreed to eventually raise the production limits imposed on five countries, ending an earlier dispute sparked by the United Arab Emirates that roiled global energy prices.
The disagreement, sparked by a demand by the UAE to increase its own production, temporarily upended an earlier meeting of the cartel. In a statement Sunday, the cartel announced that Iraq,
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