Oil regains some ground on hopes of Opec cuts

Prices inch up but analysts warn of steep declines if producer group fails to deliver response to coronavirus

Looking up: prices regained some ground in early trade on Tuesday but the rebound could be short lived if Opec+ fails to deliver a response to the coronavirus
Looking up: prices regained some ground in early trade on Tuesday but the rebound could be short lived if Opec+ fails to deliver a response to the coronavirusPhoto: REUTERS/SCANPIX
Published 4 February 2020, 06:42Updated 4 February 2020, 06:42