Russia Blocks OPEC Response to Coronavirus - News Summed Up

Russia Blocks OPEC Response to Coronavirus


VIENNA—Russia has rejected a Saudi-led effort to deepen OPEC’s oil production cuts in response to the deadly coronavirus in China, cartel delegates said. The group’s failure to reach a consensus is a setback for OPEC’s de facto leader, Saudi Arabia, and its burgeoning alliance with Moscow. Delegates from the Organization of the Petroleum Exporting...


Source: Wall Street Journal February 06, 2020 12:43 UTC



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