UK Markets close in 6 hrs 6 mins

OPEC+ technical meeting drags on amid cuts debate

FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside its headquarters in Vienna

LONDON/DUBAI/MOSCOW (Reuters) - An OPEC+ committee extended its meeting into a third day on Wednesday and would debate again on Thursday the need to cut oil output in response to the coronavirus' impact on energy demand and global economic growth.

Four sources familiar with the talks said the meeting on Wednesday ended with no concrete recommendation and one source said Russia was not supporting a deeper oil output cut and was suggesting an extension of the current pact.


(Reporting by OPEC team, Editing by Chizu Nomiyama)