OPEC agrees large oil output cut amid virus outbreak if Russia joins: sources

March 5, 2020 admin Business News Comments Off on OPEC agrees large oil output cut amid virus outbreak if Russia joins: sources

OPEC agreed on Thursday to cut output by an extra 1.5 million barrels per day (bpd) in the second quarter of 2020 to support prices amid an outbreak of coronavirus but made it conditional on Russia joining in, two OPEC sources said.

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Source:: Reuters – Business News

      

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