Business & Finance

Reuters first with news of Saudi-UAE OPEC compromise; oil prices fall

Reuters was first to report that OPEC heavyweights Saudi Arabia and the United Arab Emirates have reached a compromise on OPEC+ oil policies. The development means oil producers will likely increase global supply to help tame soaring prices. Oil prices fell about $1 per barrel on the news.

Market Impact

Oil prices fell about $1 per barrel on the news.



Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Global
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
Sign up for email updates

Subscribe
Sign up for email updates