 "OPEC, OPEC , Oil")
The Organisation of Petroleum Exporting Countries, and its allies will no longer use oil data from the International Energy Agency to assess compliance with production quotas amid a deepening rift between the two institutions. Opec may make a formal ruling on the matter.
The group’s Joint Technical Committee –which represents a broader alliance between OPEC and non-members – resolved on Wednesday to replace the IEA’s numbers amid concerns that the reliability of the agency’s overall data is being undermined by its views on climate change and lack of political neutrality. BLOOMBERG
UK firms expect pay rises in record numbers on inflation
A record number
