The decision by OPEC+ to delay a commitment on extending production cuts until the end of the week has left the oil market in limbo, with signs of discontent among the cartel putting the November crude rally in doubt.

The group met on Monday to decide whether to roll over production cuts into the new year in order to keep the oil market balanced, but failed to reach a consensus. Under the original agreement from May, loosened restrictions were due to begin on January 1, bringing another 2 million barrels of oil a day back onto the market.