Oil closed higher with OPEC+ ministers divided ahead of a key meeting later this week on production policy. Futures in New York managed to eke out a small advance after switching between gains and losses on Tuesday. While OPEC+ members such as Russia have considered backing an increase in output, Saudi Arabia has exercised caution in the face of growing demand and global spread of the delta variant. The alliance delayed preliminary talks between ministers by one day to allow more time to resolve differences. “We’ll see the trading continue to be choppy until Thursday when the actual meeting is held and we get the official decision,” said Rebecca Babin, senior energy trader at CIBC Private Wealth Management. Oil prices have climbed about 50% this year as key economies […]