OPEC+ talks stall as COVID19 spreads

THE Organisation of Petroleum Exporting Countries and its allies will meet today in Vienna to decide whether to implement deeper oil production cuts to keep prices from dropping through the floor as the spread of COVID19 continues to batter the global economy.

 OPEC+ talks stall as COVID19 spreads  OPEC+ talks stall as COVID19 spreads  OPEC+ talks stall as COVID19 spreads  OPEC+ talks stall as COVID19 spreads  OPEC+ talks stall as COVID19 spreads

Banks slash oil price outlooks

 
 
The cartel's top producer, Saudi Arabia, is urging the group to implement cuts of one million barrels of oil per day to compensate on the demand hit, with Brent crude jumping as much as