OPEC+ postpones talks to Dec 3 amid disagreements


Saudi Energy Minister Prince Abdulaziz bin Salman told the OPEC meeting on Monday he would step down as a co-chair of a ministerial monitoring committee, three OPEC sources said. It was not clear why he was planning to do it. (File pic shows logo at Opec HQ. - Reuters)

DUBAI/LONDON/MOSCOW: OPEC and allies led by Russia postponed talks on oil output policy for 2021 to Thursday, three sources said on Monday as key players still disagreed on how much oil they should pump amid weak demand due to the coronavirus pandemic.

OPEC+, which includes the Organization of the Petroleum Exporting Countries, Russia and other allies, had been scheduled to hold its meeting on Tuesday at 1300 GMT.

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