OPEC+ Forced To Reschedule Meeting As Disagreements Persist

The OPEC meeting ended on Monday without an agreement among its members regarding the production cuts next year. Instead, the meeting ended with three of its heavyweights—Russia, Saudi Arabia, and the UAE—holding different opinions as to how to handle things going forward. The meeting with OPEC+ was set to resume tomorrow, but a late—and a rather surprising—announcement came in the afternoon saying that the meetings had been rescheduled to December 3 as more talks are needed. Saudi Arabia, as the predominant—and perhaps…