OPEC+ – OPEC+ calls off meeting as UAE, Saudi spat continues (Al Jazeera)

July 6, 2021

OPEC+ ministers called off oil output talks on Monday after clashing last week when the United Arab Emirates rejected a proposed eight-month extension to output curbs, meaning no deal to boost production has been reached.

Saudi Energy Minister Prince Abdulaziz bin Salman on Sunday called for “compromise and rationality” to secure a deal after two days of failed discussions last week.

OPEC+ calls off meeting as UAE, Saudi spat continues | Oil and Gas News | Al Jazeera

The failure of the talks, sources said, means an expected increase in oil output from August will not take place - and this helped drive up international benchmark Brent oil Monday [File: Bloomberg]

The failure of the talks, sources said, means an expected increase in oil output from August will not take place – and this helped drive up international benchmark Brent oil Monday [File: Bloomberg]

Marco Emanuele

Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

OPEC+ – OPEC+ calls off meeting as UAE, Saudi spat continues (Al Jazeera)

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