OPEC+ – OPEC+ to resume talks on Monday after UAE roadblock (Al Jazeera)

July 3, 2021

OPEC+ will resume talks on Monday 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 the end of the year to cool oil prices that have soared to two-and-a-half-year highs.

OPEC+ to resume talks on Monday after UAE roadblock | Coronavirus pandemic News | Al Jazeera

Without a deal, the OPEC+ alliance could keep tighter restraints on output with oil prices now trading around $75 a barrel, up more than 40 percent this year [File: Ramzi Boudina/Reuters]

Without a deal, the OPEC+ alliance could keep tighter restraints on output with oil prices now trading around $75 a barrel, up more than 40 percent this year [File: Ramzi Boudina/Reuters]

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+ to resume talks on Monday after UAE roadblock (Al Jazeera)

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