OPEC+ panel calls for more oil cuts on coronavirus impact: Algeria – ZAWYA

  • Date: 09-Feb-2020
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

OPEC+ panel calls for more oil cuts on coronavirus impact: Algeria – ZAWYA

OPEC+ panel calls for more oil cuts on coronavirus impact: Algeria. DUBAI: An OPEC, non-OPEC technical panel has recommended extending a current oil supply cut pact until the end of 2020 and more output reductions due to the impact of the coronavirus on oil demand, Algeria's oil minister said in a statement.. "The coronavirus epidemic has a negative impact on economic activities, especially on the transport, tourism and industry, in China particularly, and also increasingly in the Asian region and gradually in the world," Arkab said..