Opec meets Russia and other allies on Saturday to clinch a new deal raising oil output, a day after agreeing on a production hike within the group itself but confusing the market as to how much more oil it will pump.
The Organisation of the Petroleum Exporting Countries announced its Opec-only agreement on Friday but gave no clear output targets. Russia and other non-Opec oil producers will now meet Opec in a bid to secure their participation in the pact.
Benchmark Brent oil rose by $2.
5 or 3.4 per cent on Friday to $75.55 a barrel.