Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil output increases while Moscow argued for a pause, four OPEC+ sources with knowledge of the talks said.

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of accelerated increases.

Saudi Arabia led the OPEC+ group in a way that resulted in the cartel agreeing to a third consecutive large monthly increase in oil production, despite opposition from the faction led by Russia, Bloomberg reports.