What’s at stake for oil costs after OPEC+ delays carefully watched assembly

Members of the Organization of the Petroleum Exporting Countries and their allies have applied numerous reductions in oil output since late final yr, however crude-oil costs nonetheless commerce decrease as 2023 attracts to an in depth.

The group of main oil producers referred to as OPEC+, together with Saudi Arabia and Russia, on Wednesday postponed a gathering that had been deliberate for Sunday to Nov. 30, in what will probably be their first official ministerial gathering since early June.

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