Oil prices rise after OPEC+ postpones meeting about production

The United Arab Emirates has stopped a plan to increase production by two million barrels a day in the second half of 2021.

Photo: Agustin Marcarian/REUTERS / X03747

BY RITZAU FINANS

Oil prices increased on Friday morning after OPEC+ (the organization for oil-exporting countries and allies) postponed its meeting about production policy, as according to Reuters, the UAE has put a stopper in a plan to increase production by 2 million barrels a day for the second half of 2021.

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