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A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) during the United Nations COP29 climate change conference, in Baku, Azerbaijan, November 13, 2024.
Maxim Shemetov | Reuters
The OPEC+ oil alliance has postponed a meeting until December 5 to decide on the next steps in its crude production strategy, two delegated sources told CNBC.
The sources did not wish to be named given the sensitivity of the discussions.
The coalition, made up of the Organization of the Petroleum Exporting Countries and its allies, was initially scheduled to meet on December 1. They will now meet virtually next week.
This breaking news story is currently being updated.
