OPEC+ sources said that no progress has been made in resolving the matter. Monday’s meeting was cancelled and no new date was agreed.

After the conflict last week, OPEC+ ministers cancelled oil production negotiations on Monday when the United Arab Emirates rejected a proposal to extend the production limit for eight months.

Saudi Energy Minister Prince Abdulaziz bin Salman on Sunday called for “compromise and rationality” to ensure that an agreement is reached after the two…