Oil Slips Amid Demand Concern, Fears Over OPEC+ Deal for Deeper Output Cuts

Mar 6, 2020 | Top Stories

By 99percent

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Oil Slips Amid Demand Concern, Fears Over OPEC+ Deal for Deeper Output Cuts
Oil Slips Amid Demand Concern, Fears Over OPEC+ Deal for Deeper Output Cuts 3SINGAPORE (Reuters) – Oil slid on Friday as worries about demand for fuel being sapped by the global coronavirus outbreak were heightened by concern over non-OPEC crude producers not yet having agreed to cut output further to support prices. Brent crude fell 47 cents, or 0.9%, to $49.52 per barrel by 0223 GMT, while U.S. West Texas Intermediate …
News story posted on 2020-03-06T02:50:00.0000000Z

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