Oil slides as Opec+ delays decision on output cuts

Opec+ had been expected to ease current cuts of 7.7 million bpd by 2 million bpd from January

Oil price: Brent crude ended the session down 46 cents, or 1%, at $47.42 a barrel
Oil price: Brent crude ended the session down 46 cents, or 1%, at $47.42 a barrelPhoto: REUTERS/SCANPIX
Published 1 December 2020, 22:19Updated 1 December 2020, 22:19