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Afternoon update: ASX down 0.62% after OPEC+ postpones meeting

23 Nov 2023 - Today's theme is all about the fall in energy stocks due to the falling price of crude oil. The falling prices are a result of disagreements within OPEC+ causing a delay in their meeting, diminishing prospects of production cuts by the Saudi-led alliance. Concurrently, US data showed an uptick in oil stockpiles.