Opec making progress in nailing down accord

Opec officials are working to nail down details of their plan to limit oil supply and gaps over some sticking points are narrowing, sources said, a sign of progress in finalising the exporter group’s first such deal since 2008.

Opec agreed in Algeria on September 28 to limit supply with special conditions given to Libya, Nigeria, and Iran whose output has been hit by wars and sanctions.

The details are meant to be finalised when Opec ministers meet in Vienna on November 30.