Opec+ talks on oil cuts continue, but US is still non-committal
Opec+ is to meet on Thursday; the US has been invited but has not yet agreed to take part, as Trump wants cuts of 10-million bpd or more
09 April 2020 - 13:24
Dubai/Moscow/London — Oil cartel Opec and Russia will discuss record oil output cuts on Thursday to support prices hammered by the coronavirus crisis, but talks are complicated by internal disagreements and the reluctance of the US to join in any action.
Global fuel demand has plunged as much as 30% as measures to fight Covid-19 have grounded aircraft, reduced vehicle usage and curbed economic activity...
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