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Reuters first with news of Saudi-UAE OPEC compromise; oil prices fall

Business & Finance

Reuters was first to report that OPEC heavyweights Saudi Arabia and the United Arab Emirates have reached a compromise on OPEC+ oil policies. The development means oil producers will likely increase global supply to help tame soaring prices. Oil prices fell about $1 per barrel on the news.

Market Impact

Oil prices fell about $1 per barrel on the news.

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Commodities & Energy

Regions: Global

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

Reuters

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