Iran appears to be the main obstacle for an OPEC oil output deal on Friday as the group’s leader Saudi Arabia has yet to agree exemptions for sanctions-hit Tehran, two OPEC sources said.

The Organisation of Petroleum Exporting Countries resumes discussions on Friday in Vienna before heading into a meeting with non-OPEC oil producers led by Russia.

On Thursday, OPEC failed to agree on concrete parameters for a deal to restrict output.Reuters/NAN)

– Dec. 7, 2018 @ 10:49 GMT |