OPEC ministers gathered in Vienna on Thursday to discuss cutting output, a day ahead of crunch talks with Russia which has yet to sign up to their plans for production curbs that aim to shore up crude prices battered by the coronavirus outbreak. Saudi Arabia wants OPEC and its allies, including Russia, to cut 1 million to 1.5 million barrels per day (bpd) for the second quarter and to keep existing cuts of 2.1 million bpd in place until the end of 2020. …read more
Source:: Yahoo Finance
