Key OPEC+ producers reach preliminary output deal

Key OPEC+ producers reach preliminary output deal By A Robin Rajkumar - July 19, 2021

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina

Key producers of OPEC+ countries have reached a preliminary deal on gradually raising oil output until December and extension of their pact until end of 2022, an OPEC+ source told Reuters on Sunday.

OPEC+ holds an online meeting later on Sunday. 

Reporting by Rania El Gamal; Writing by Vladimir Soldatkin; Editing by Andrew Cawthorne

By A Robin Rajkumar - July 19, 2021

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