Opec agrees to extend production cuts as global economy weakens; oil steadies but oversupply fears persist

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NEW YORK (REUTERS) - Oil prices pared gains on Monday (July 1) after worries about oversupply persisted, pulling back from an early rally as Opec extended supply cuts until March 2020 during a meeting in Vienna. The Organization of the Petroleum ...

from Google Alert - Business https://ift.tt/2JhySJD
NEW YORK (REUTERS) - Oil prices pared gains on Monday (July 1) after worries about oversupply persisted, pulling back from an early rally as Opec extended supply cuts until March 2020 during a meeting in Vienna. The Organization of the Petroleum ... https://ift.tt/eA8V8J

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