Coordination is hampered by OPEC+'s output decision.

OPEC+ has postponed a decision on the size of crude oil production increases, increasing concerns about the alliance's ability to coordinate output and underlining policy differences. OPEC+ postponed its meeting to finalize the decision on the next phase of output increases and each country's production quota for the third time this week...for further reading, click on

Source: BusinessDay Newspaper       Jul 13, 2021.