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OPEC agreement may be jeopardized if the UAE is allowed to raise production quota: Bernstein

If the United Arab Emirates is allowed to raise its oil production quota, other OPEC members will want to follow suit. Neil Beveridge of Bernstein says that could lead to "an unraveling of the OPEC agreement" and dampen oil prices.
02:47
Thu, Jul 8 20213:54 AM EDT