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Oil prices slip over disagreement among OPEC and allies
March 6, 2020
Source: Reuters

Oil prices slip over disagreement among OPEC and allies

Oil prices dropped in the international market on Friday, as concerns deepened due to non-agreement between OPEC and its allies over production cut. Brent crude dipped 0.96%, to $49.51 per barrel. US WTI crude was priced 0.83% lower, at $45.52 per barrel. While OPEC has suggested an extra 1.5 million barrels per day (bpd) until the end of 2020, non-OPEC states like Russia and Kazakhstan are yet to agree.

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