OPEC+ to set first production quotas after UAE exit
Seven OPEC+ members meet Sunday to set oil-production quotas after the UAE left the cartel, as price pressure from the Mideast war intensifies.
Seven OPEC+ members are meeting Sunday to make their first decision on oil-production quotas since the United Arab Emirates' departure from the cartel. The UAE's exit has added to soaring price pressure unleashed by the Mideast war.