Production

Oil hits 13-month lows as coronavirus cuts demand

Opec+ considering a further 500,000 bpd cut to their oil output, sources say

Oil price: Brent crude settled down $2.17, or 3.8% at $54.45 a barrel
Oil price: Brent crude settled down $2.17, or 3.8% at $54.45 a barrelPhoto: REUTERS/SCANPIX
  • Reuters
Published 3 February 2020, 22:52Updated 3 February 2020, 22:52
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