Crude Oil OPEC committee urges crude oil output cut over coronavirus


Staff member

Delegates of OPEC and other oil producers including Russia -- together known as OPEC+ -- have been in a "joint technical committee" meeting in Vienna this week.

The new coronavirus has spread to more than 20 countries after emerging in December in China, where it has killed more than 400 people and infected 20,000.

As the world's leading importer and consumer of oil, China is a key player in the market.