OPEC+ talks were delayed for two days to give ministers more time to reach a deal, after a long and tense meeting on oil production broke down without agreement.
The delay, set out in a letter seen by Bloomberg, was the most dramatic sign yet of the deep division inside the cartel after hours of talks on Monday yielded no result. OPEC+ ministers will now meet on Thursday rather than Tuesday to allow time for "further consultations." Talks will continue by phone.
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