*** Saudi Arabia, UAE reach compromise on oil output deal | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN
Saudi Arabia, UAE reach compromise on oil output deal

Saudi Arabia, UAE reach compromise on oil output deal

world

Reuters | London

The Daily Tribune – www.newsofbahrain.com

Saudi Arabia and the United Arab Emirates have reached a compromise over the OPEC+ oil supply deal giving the UAE a higher production baseline, an OPEC+ source said on Wednesday.

The UAE's baseline will be 3.65 million barrels per day after the current pact expires in April 2022, the source said

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