OPEC+ Delays Ministerial Meeting Amid Differences

OPEC+ has delayed a meeting of oil ministers scheduled for today to give member states more times to come to an agreement about how they are to proceed with the addition of more production to global supply. Bloomberg reports the meeting will now take place on Thursday, the same day that the regular meeting was scheduled for. The disagreement, unsurprisingly, is between Saudi Arabia and Russia—the biggest producers in the club. According to the report, Russia supports a faster ramp-up of production. Saudi Arabia prefers to take things more…