Oil slides after Saudi opposition blocks talks on output freeze - FT.com:
"Oil prices sank after attempts by some of the world’s biggest producers to freeze output ended without a deal on Sunday night with Saudi Arabia insisting Iran should be part of any agreement.
Crude oil fell as much as 7 per cent in early trading on Monday in Asia before recovering slightly.
Talks in Doha aimed at achieving the first global oil deal in 15 years had appeared to be on course on Sunday. They broke up late in the day as ministers failed to overcome opposition from Riyadh, which had hardened its stance in recent days."
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