International oil prices fell Wednesday after a key ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies was pushed back from Sunday to November 30.
The Vienna-based organisation announced the postponement of the OPEC+ alliance gathering in a brief statement, without providing any explanation.
The 13 OPEC members headed by Saudi Arabia and ten partners led by Russia are due to decide on their output policy amid slumping crude prices and recent rumours of discord among alliance members.