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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

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.   ALSO READ: OPEC to consider Modi's views on slashing oil prices: Saudi Energy minister On Thursday, Opec failed to agree on concrete parameters for a deal to restrict output.   ...

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First Published: Fri, December 07 2018. 13:36 IST
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