OPEC's planned meeting to address the current state of the international oil market has been postponed and moved online due to ongoing disputes between member countries. Angola and Nigeria are currently in a dispute with OPEC over reduced production quotas, with Angola outright opposing the reduction. However, with Angola's oil production still below its 2024 quota, and Nigeria exceeding its own, tensions remain high. The outcome of this dispute will have significant implications for the industry and investment decisions going forward.
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