OPEC President Says Saudis, Russia Push to Delay Supply Hike
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OPEC+ talks on delaying a January oil-output increase gathered momentum on Tuesday, with some top officials offering support to the effort.
Algeria, which this year holds the OPEC presidency, said that both Saudi Arabia and Russia were pressing fellow members to prolong the current oil-supply cuts into next year, rather than tapering them as planned. Algeria supported the proposal, the first country to publicly do so.