Big blow to oil industry due to Covid-19 outbreak, OPEC announces massive output cuts

Published: Mar 06, 2020, 07:55 PM(IST)
OPEC holds crunch talks with its allies on Friday after the group told Russia and others it wanted an additional 1.5 million barrels per day (bpd) of oil cuts until the end of 2020, saying a big move was needed to deal with the impact of coronavirus.
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