Coronavirus: Brent Falls to $54 as Russia Rejects OPEC Cuts - TNG

Coronavirus: Brent Falls to $54 as Russia Rejects OPEC Cuts


Brent Crude futures fell below $55 per barrel on Friday as major futures recorded a fifth consecutive weekly loss, with Russia saying it was not ready to adhere to cuts recommended to help the global market affected by the spread of the coronavirus.

On the back of this, Brent crude shed 46 cents or 0.84 percent to trade at $54.47 per barrel...

Coronavirus: Brent Falls to $54 as Russia Rejects OPEC Cuts - TNG

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