Why OPEC agreed to boost production despite rancour among cartel

The spirit of cooperation and compromise prevailed in what some analysts expected to be one of “the worst OPEC meetings”, as major oil producing countries agreed to pump more crude to help reduce prices and prevent a supply shortage, in a significant reversal of Organisation of Petroleum Exporting Countries(OPEC) strategy of curbing output over the…
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The post Why OPEC agreed to boost production despite rancour among cartel appeared first on BusinessDay : News you can trust .
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