OPEC, non-OPEC discuss around 1 million barrels per day oil output rise
Updated : May 25, 2018 12:56 PM IST
An increase of about 1 million bpd would bring compliance with global supply curbs down to 100% from around 152%.
The initial talks are being led by the energy ministers of Saudi Arabia and Russia at St. Petersburg this week along with their counterpart from the United Arab Emirates (UAE), which holds the OPEC presidency this yea
OPEC and non-OPEC ministers meet next in Vienna on June 22-23, and the final decision will be taken there.