OPEC+ calls last-minute talks over likely delay to planned oil production increase ...Kuwait

Saudi Arabia and Russia called an informal meeting of OPEC+ ministers, which is likely to delay a planned oil production increase, just days before a formal meeting. Saudi Arabia and Russia have called a last-minute OPEC+ meeting ahead of a decision on whether to delay an oil output increase planned for January. Russia's Deputy Prime Minister Alexander Novak and Saudi Energy Minister Abdulaziz bin Salman summoned the OPEC+ ministers in charge of oil production to an informal video conference, Bloomberg reported.The OPEC+ group, which combines member states of the Organization of Petroleum Exporting Countries (OPEC) and 10 other oil-producing nations, is believed to be leaning towards delayi

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