Welcome to Seeking Alpha's Wall Street Lunch. Our afternoon update on today's market action, news, and analysis.

Good afternoon. Today is Wednesday, November 22nd, and I'm your host, Kim Kong.

Our taught story so far. Oil prices are tumbling as OPEC Plus delays an expected meeting.

Oil officials were slated to meet this weekend, but the meeting will now start on

November 30th, OPEC said on its website.

Saudi Arabia, which cut output by an additional 1 million barrels a day starting in July,

was said to be dissatisfied that other members of OPEC

weren't scaling back production according to Bloomberg.

sources told Reuters African nations disagreed with OPEC's production

assessment. WtI crude is down about 4% to below $75 per barrel,

while Brent is also down 4% moving below $80.

Energy analyst John Kim says Saudi Arabia may have to threaten a resumption of volume warfare

to get other members of OPEC Plus to share an extended or additional production cuts.

Remember, you can screen for all energy stocks and EDFs with quant and analyst recommendations.

Go to seeking alpha.com slash screeners.

Elsewhere in today's trading, stocks are volatile, which is typical for low-volume pre-holiday trading.

The major averages were higher out of the gate, but soon reversed course after some hawkish inflation numbers.

The S&T Nasdak and Dow are up about a third

of 1% while the tenured Treasury yield is back above 4.4%. The University of

Michigan released its final measure of consumer sentiment for November.

Normally these revisions have little impact on the market,

but the spiking consumer inflation expectations in the preliminary numbers

...