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Brent hits $45 as OPEC, Russia disagree on daily production cuts - TNG

Brent hits $45 as OPEC, Russia disagree on daily production cuts


Oil prices took a worse turn on Friday evening after Russia rejected the proposal to cut daily oil production by 1.5 million barrels. This development further dented the already battered market.

After the meeting, Russia refused to support the move, arguing that it was too early to predict the impact of a coronavirus outbreak on global energy...

Brent hits $45 as OPEC, Russia disagree on daily production cuts - TNG

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