OPEC ministers called off their talks after being unable to reach a compromise with the United Arab Emirates (UAE), which had wanted the parameters of the agreement changed so it could pump more crude.
LAUNCESTON, Australia: Crude oil's strength after OPEC+ cancelled talks on increasing output may be short-lived with the ground realities on supply and demand different from what bullish paper investors are choosing to focus on.
OPEC+ ministers called off their talks on Monday after being unable to reach a compromise with the United Arab Emirates (UAE), which had wanted the parameters of the agreement changed so it could pump more crude.
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