Once again, the 23 OPEC+ countries fail to reach a consensus. Meeting since last Thursday, the thirteen members of the Organization of the Petroleum Exporting Countries (OPEC) and their allies have failed to reach a consensus on the increase in their crude production quotas from August.

Meeting by videoconference since last Thursday to decide on a further increase in their production in the face of the economic recovery and stem overheating of prices, they are unable to find a consensus on the increase in their crude production quotas from August. The UAE has publicly criticized the proposed deal so far. According to Abu Dhabi, the planned extension of the agreement on oil production quotas does not involve an increase in their volumes. A new meeting takes place on Monday. OPEC + faces a complex equation, shared between a very real recovery in demand but which remains fragile, a probable medium-term return of Iranian exports and high prices, which are causing the discontent of certain large importers like India. . OPEC+ must also decide on the extension of their production agreement until the end of 2022, instead of April for the moment.