April 12, 2020 in Indian Business News

OPEC, Russia approve biggest ever oil cut

Business

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OPEC and allies led by Russia agreed on Sunday to cut oil output by a record amount – representing around 10% of global supply – to support oil prices amid the coronavirus pandemic, and sources said effective cuts could amount to as much as 20%. Gavino Garay has more.

Republished. Link to Original Article: http://feeds.reuters.com/~r/reuters/INVideoBusiness/~3/uooXkj9pTX0/opec-russia-approve-biggest-ever-oil-cut