OPEC+ deal

Coronavirus COVID-19: OPEC+ oil producers, including Saudi Arabia, Russia, agree to cut output by 9.7 million barrels

As the global energy markets bear the brunt of coronavirus COVID-19 pandemic, major oil producers led by Saudi Arabia and Russia on Sunday (April 12) reached an agreement to slash output by 9.7 million barrels a day.

Apr 13, 2020, 09:24 AM IST

Coronavirus COVID-19: Oil firmer on OPEC+ deal, equities unable to shake pandemic fears

Global shares fell on Monday as investors braced for more signs of economic damage from the coronavirus pandemic although a landmark deal by OPEC and its allies to slash output helped oil prices climbed in volatile trade.

Apr 13, 2020, 08:50 AM IST