OPEC cuts deal falls apart as Russia resists, sending oil into tailspin

March 6, 2020 admin Business News Comments Off on OPEC cuts deal falls apart as Russia resists, sending oil into tailspin

A three-year honeymoon between OPEC and Russia descended into acrimony on Friday after Moscow refused to support deeper oil cuts to cope with the outbreak of coronavirus and OPEC responded by removing all limits on its own production.

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Source:: Reuters – Business News