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No agreement on Opec oil output deal yet over exemptions for Iran: Report

Opec failed to agree on concrete parameters for a deal to restrict output on Thursday

OPEC says winning battle to end oil glut OPEC-MEETING The OPEC logo is pictured at its headquarters in Vienna The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna. Photo: Reuters

OPEC says winning battle to end oil glut OPEC-MEETING The OPEC logo is pictured at its headquarters in Vienna The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna. Photo: Reuters

Reuters Vienna

Iran appears to be the main obstacle for an Opec oil output deal on Friday as the group's leader Saudi Arabia has yet to agree to exemptions for sanctions-hit Tehran, two Opec sources said.  

The Organization of the Petroleum Exporting Countries resumes discussions on Friday in Vienna before heading into a meeting with non-Opec oil producers led by Russia.
 

On Thursday, Opec failed to agree on concrete parameters for a deal to restrict output.    
 

 

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First Published: Dec 07 2018 | 1:36 PM IST

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