Iraq says OPEC weighing output cut over virus outbreak

Baghdad (AFP) – OPEC members and their ally Russia are discussing a further cut to crude oil output at a meeting in Vienna because of China’s coronavirus epidemic, Iraq’s oil ministry said Tuesday.Crude prices have tumbled since the deadly outbreak in the world’s second-biggest economy, which is a huge consumer of crude.The Organization of the Petroleum Exporting Countries is holding a meeting of a “joint technical committee” in Vienna on Tuesday and Wednesday to discuss the virus’s impact and whether an output reduction is needed.”Depending on the needs of the market and how it’s been affecte…

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