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oil production

OPEC Agrees Modest Hike in Oil Supply After Iran Softens Stance

By |June 22nd, 2018|Tags: , , , , , , |

VIENNA - OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival Iran to cooperate amid calls from major consumers to help reduce the price of crude and avoid a supply shortage. Two OPEC sources said the group agreed that OPEC and its allies led by [...]

Prophecy in the News

Prophecy in the News