Global benchmark oil prices are expected to open lower on Monday as a dispute between top crude exporters Russia and Saudi Arabia raises concerns of another collapse in talks to curb production at a meeting this week. The move lower may be muted as the market reacts to U.S. President Donald Trump’s statement on Saturday that he will put tariffs on Saudi and Russian production, potentially accelerating a meeting. OPEC and its allies postponed an emergency meeting scheduled for Monday, led by Saudi Arabia, where the oil cuts could be agreed upon. …read more
Source:: Yahoo Finance
