OPEC may hold urgent meeting

Oil demand in China has slipped by 3 million barrels over coronavirus outbreak.

Report says, citing foreign media, that this figure constitutes over 20% of China’s daily oil consumption.

According to the information, OPEC is planning to hold an urgent meeting. The previous such meetings took place after the global financial crisis in 2008-2009 and a severe shaking in global oil demand following the 9/11 attacks.