Opec Decisions News Today

No wonder the group postponed its year-end meeting. Initially scheduled for last weekend in Vienna, the meeting is now planned for Thursday, barring another postponement. The agenda -- whether to cut production further, and by how much -- is likely to be unpalatable for many of the 23 members.

OPEC+: “There’s going to be some consequences for what they’ve done, with Russia,” Biden said. “I’m not going to get into what I’d consider and what I have in mind. But there will be- there will be consequences.”