Saudi, Russia agree record oil cut under U.S. pressure as demand crashes

OPEC and its allies led by Russia agreed on Thursday to cut their oil output by more than a fifth and said they expected the United States and other producers to join in their effort to prop up prices hammered by the coronavirus crisis.

Source: https://www.reuters.com/article/us-global-oil-opec/saudi-russia-agree-record-oil-cut-under-u-s-pressure-as-demand-crashes-idUSKCN21R00R?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29
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Author: Reuters