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OPEC - OIL PRODUCERS

An oil pump in the desert oil fields of Sakhir, Bahrain
A meeting of the world's 18 biggest oil producers has failed to reach agreement to freeze output. (AAP) Source: AAP

The world's major oil-producing nations have failed to strike an agreement to freeze production, saying they need more time to agree to a deal.


Published

Updated

By HJ

Source: SBS



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The world's major oil-producing nations have failed to strike an agreement to freeze production, saying they need more time to agree to a deal.


Negotiations ran into difficulty after Saudi Arabia, the largest exporter of oil, demanded rival Iran join the agreement to cap output.


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