Oil Slides As OPEC Delays Meeting

Oil prices took another nosedive today after during the weekend Russia and Saudi Arabia postponed a meeting scheduled for Monday as they went at each other’s throats trading blame for the price collapse. CNN reported, citing an OPEC source, that the meeting was rescheduled for Thursday. The Financial Times reported that Norway and Alberta would be joining the meeting. Earlier today, CNBC quoted the head of Russia’s sovereign wealth fund Kiril Dmitriev as saying that Russia and Saudi Arabia were “very, very close to a deal”.…