OPEC Agrees To 1.5MM Barrel Output Cut, But Fails To Obtain Critical Russian Backing

Mar 5th 2020 8:09am EST

OPEC Agrees To 1.5MM Barrel Output Cut, But Fails To Obtain Critical Russian Backing Today’s OPEC meeting has been more of a stunt by members to persuade Russia to agree to deep cuts amid a demand shock triggered by the Covid-19. Ministers from OPEC agreed on a large cut of 1.5 million barrels per day in […]

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