Oil slides as OPEC delays emergency meeting

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Oil slides as OPEC delays emergency meeting

Apr 06, 2020 16:13 IST

Global oil prices fell close to 5% after Saudi Arabia and Russia postponed a meeting scheduled to be held on Monday. The meeting was called to resolve the dispute between the two countries but it has now been pushed to Thursday, the BBC reported. The price war came after a deal between the two countries to cut production, in response to the drop in demand, collapsed last month.

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