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Reuters, February 3, 2020 Oil has fallen $10 a barrel this year to $56, lower than the level many OPEC countries need to balance their budgets. LONDON (Reuters) – OPEC and its allies are considering cutting their oil output by a further 500,000 barrels per day (bpd) due to the impact on oil demand from the coronavirus, three OPEC+ sources …
Read More »OPEC+ considering further 500,000 bpd oil output cut: sources
