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Exclusive: OPEC+ Panel Warns Of Virus Impact, Sees Signs Of Decline In Oil Overhang

MOSCOW: An OPEC+ technical panel warned {that a} rise in coronavirus circumstances in some nations could curb oil demand regardless of indicators of financial restoration and preliminary indications of a decline in oil shares, in line with an inner doc seen by Reuters on Thursday.

Later on Thursday, OPEC and allies, led by Russia, are scheduled to carry a web-based assembly to debate compliance with their agreed output cuts and demand tendencies amid falling oil costs and a faltering financial restoration outlook.

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