Opec: Saudis keen to pump more oil but cartel's other members not sold
The massive oil supply glut – and rock bottom prices – is gone. The global economy is stronger, fossil-fuel energy demand is at a record high, and the nuclear deal that allowed Iran, an Opec member, to start selling oil again is in tatters. After falling to sub-$30 a barrel in early 2016 for Brent, the global benchmark, and West Texas Intermediate, the US benchmark, oil prices have risen to about $76 and $67 a barrel respectively.
Source:: https://finance.yahoo.com/news/opec-saudis-keen-pump-more-110012428.html
