OPEC+ working on new deal involving baselines and cuts - sources
OPEC+ is discussing a "full package" deal which could involve new production reductions and adjust its countries' output baselines going as far as 2024, two OPEC+ sources said on Sunday.
The sources said the UAE will get a new, higher baseline if a deal is reached. Baselines are oil production levels from which cuts are made.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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