OPEC+ to resume oil policy talks on Monday after UAE roadblock


LONDON/DUBAI/MOSCOW, July 2 (Reuters): OPEC+ will resume talks on Monday (July 5)after failing to reach a deal on oil output policy for a second day running on Friday because the United Arab Emirates blocked some aspects of the pact.

The standoff could delay plans to pump more oil through to the end of the year to cool oil prices that have soared to 2-1/2 year highs.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

OPEC+ , New Deal , Talks , Resume , Monday

   

Next In Aseanplus News

Tremors continue in Philippines' Taal volcano
Football fever returns: Asean Cup semi-final tickets for Singapore-Vietnam game sell out
Honda and Nissan expected to begin merger talks today
'Draconian' Vietnam internet law heightens free speech fears
Asian markets track Wall St rally as US inflation eases rate worries
Singaporean actor Xie Shaoguang to play wealthy but lonely tycoon in first drama in 20 years
Thailand office demand reflects global future of work trends
Flying first class but deep in debt: Malaysia’s influencers in the spotlight for misusing funds
Cops bust drug syndicate in JB, seize RM200,000 of illegal substances
Foreign investors offload RM1.07bil on Bursa Malaysia for ninth week running

Others Also Read