OPEC appears to be struggling to close on a production agreement
Oil prices dropped Monday as markets continue to lose faith that OPEC will be able to reach a production agreement by the end of November.

A meeting this weekend among the group’s members ended without any definitive progress, and non-OPEC members like Azerbaijan, Brazil, Kazakhstan, Mexico, Oman and Russia all refused to commit to cut, or even freeze, production until OPEC is able to come to an agreement.

“After meeting in Vienna, OPEC remains at an impasse. Non-OPEC membe...

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