Asia markets down as oil bounces on output cuts deal

Energy Daily

Published

Hong Kong (AFP) April 13, 2020

Asia markets fell Monday with investors cautious on news of an international deal to shore up oil prices and tentative signs of progress in efforts to combat the coronavirus pandemic. OPEC producers dominated by Saudi Arabia and allies led by Russia thrashed out a compromise deal on Sunday to cut production by nearly 10 million barrels per day from May. Oil futures surged in early Asian

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