For Free Headlines Submit Your Email
Wednesday, January 29, 2020 5:39 GMT
OPEC members are considering deeper production cuts, or extending their existing deal, in response to a slump in prices caused by the outbreak of coronavirus in China, according to a source in the group. "The next two weeks are very critical for not only the oil market but the global economy,” the OPEC source said Monday, speaking on condition of anonymity. "There is right now discussion among the ministers of OPEC+ of watching the market closely and preparing to do anything if there is a...More