-->

mo4ch:>OPEC+ struggle to seal deal to cut output, as 10mn barrel oil curb hinges on Mexico’s approval | Mo4ch News

OPEC+ has said the proposed cut of 10 million barrels per day tentatively agreed after marathon talks would only happen with Mexico’s nod. The country, which is hellbent on boosting production, reportedly balked at the idea.The body of world oil producers called on its members to “contribute to the efforts aimed at stabilizing the oil market” on Thursday night after marathon negotiations earlier in the day."The agreement that was reached depends on Mexico's consent to accept the conditions specified in the annex," the OPEC final statement read, as reported by TASS news agency.Kuwait’s oil minister, Dr Khaled al-Fadil, has confirmed that Mexico's position was the reason behind the group's failure to churn out the much-awaited deal.Mexico had “delayed the agreement” over the impasse on the suggested output cut, he tweeted.Also on rt.comTrump says he had 'a very good call' with Putin & Saudi King, says OPEC+ ‘getting close’ to historic dealPrince Abdulaz…