OPEC Russia moving closer to big oil cut as coronavirus hits demand
1 day ago by finance.yahoo.com
A panel of OPEC and its allies recommended cutting oil output by an extra 1 million barrels per day (bpd) on Tuesday signaling that Russia and Saudi Arabia were moving closer to a deal to prop up prices which have been hit by the coronavirus outbreak. Saudi Arabia and some other OPEC members have been read more...
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OPEC ministers to meet in Vienna to face coronavirus threat to oil demand
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OPEC and allies to consider significant oil output cuts as coronavirus hits demand
OPEC and its allies will consider making substantial oil production cuts to lift prices that have been battered by the coronavirus outbreak, Algeria's oil minister said on Tuesday, as ministers began arriving for talks in Vienna this week.
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