Reuters is out with some headlines on the OPEC+ meeting, which was scheduled for Sunday but was delayed until December 5.
- OPEC+ is discussing delaying the hike for Q1
- To hold further talks in the coming days
- Scheduled output increase for Jan is among the issues to be addressed
None of this is a surprise. There has been talk of a delay through Q1 for awhile and there is also talk of a delay for all of H1. None of the talk has helped to lift oil.
This article was written by Adam Button at www.forexlive.com.
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