Crude oil slides below $80 a barrel as producers argue  

Price has fallen from near $98 a barrel in late September, pressured by rising supplies and concern about demand and a potential economic slowdown

The oil producing group Opec+ delayed a ministerial meeting expected to discuss oil output cuts as producers struggled to agree on production levels and hence possible reductions, a surprise delay that sent oil prices sliding.

Sunday's meeting of the Organisation of the Petroleum Exporting Countries and allies such as Russia, known as Opec+, had been expected to consider further changes to a deal that already limits supply into 2024, according to analysts and Opec+ sources.