Energy Aspects

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Coronavirus Crisis: Whether OPEC Plus oil producers formally agree, deeper cuts now look inevitable
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Coronavirus Crisis: Whether OPEC Plus oil producers formally agree, deeper cuts now look inevitable

With crude consumption collapsing, the Organization of the Petroleum Exporting Countries, Russia and other producers, a group known as OPEC+, is due to implement a deal to cut supply by a record 9.7 million barrels per day (bpd) from 1 May.