Oil slides 2% on oversupply fears after OPEC wrangles an agreement

Concerns raised over slackening US demand

Possible agreement: Opec may or may not have agreed to a deal that will satisfy the demands of the United Arab Emirates — Possible agreement: Opec may or may not have agreed to a deal that will satisfy the demands of the United Arab EmiratesPhoto: REUTERS

Reuters

Opec Saudi Arabia United Arab Emirates Iran Opec

Published 14 July 2021, 20:31Updated 14 July 2021, 20:31