Coronavirus obliges, it is behind closed doors that met this Thursday in Vienna, in Austria, the members of OPEC, the Organization of the oil exporting countries. And this, after verification of the temperature of the ministers and their advisers by the medical personnel of the Red Cross.
The stakes are high as the epidemic forces the world economy to slow down, reducing the planet's oil needs, particularly in the transport sector. Since January 1, the price of oil has fallen by more than 23%. The price of brent, the main benchmark for black gold, even fell below $ 50 on Monday, a level never reached since the summer of 2017, before rising slightly to around $ 51.
US central bank rate cut announcements helped prices rally higher. But the uncertainty that continues to reign over the duration and extent of the epidemic has limited the rebound as the producer countries combined
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