The OPEC meeting ended on Monday without an agreement among its members regarding the production cuts next year. Instead, the meeting ended with three of its heavyweights—Russia, Saudi Arabia, and the UAE—holding different opinions as to how to handle things going forward. The meeting with OPEC+ was set to resume tomorrow, but a late—and a rather surprising—announcement came in the afternoon saying that the meetings had been rescheduled to December 3 as more talks are needed. Saudi Arabia, as the predominant—and perhaps only—swing producer in the group is said to favor an extension of the current level of oil production cuts, according to an anonymous source who spoke to TASS. Russia, the country that sank the deal in March over a similar issue, is said to favor a gradual increase in production starting in January. The UAE, OPEC’s third-most prolific oil producer, is okay with extending the production cuts […]