So say two OPEC delegates earlier this morning
– OPEC and non-OPEC countries have not yet agreed to hold a meeting to support oil prices
– a decision has yet to be made on the stand-alone OPEC meeting as called for by Venezuela last week
The indecision continues to undermine oil price but previous hopes helped a decent rally last week. Conjecture on a potential meeting has been building and fading for over a week since Russia suggested talks with OPEC should take place.
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