Oil prices hit three-year highs after OPEC+ talks are called off • FRANCE 24 English
The price of oil has hit its highest level in three years after the oil cartel OPEC and its allies called off planned talks on Monday over changes to global supplies. Russia and Saudi Arabia had been pushing to increase production after last year's supply cuts, but the United Arab Emirates disagreed. News that the virtual meeting had been abandoned sent oil prices higher in early trading on Tuesday. Also today, we look at how a shortage of rental cars is impacting holidaymakers in France. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN Visit our website: https://bit.ly/1HVTvGN Subscribe to our YouTube channel: http://f24.my/youtubeEN Like us on Facebook: https://bit.ly/1K98I5b Follow us on Twitter: https://twitter.com/France24_en
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