OPEC and world oil producers seek a coronavirus exit strategy

The world’s biggest oil producers are running out of time to balance the market after the spread of the coronavirus pandemic crushed demand.

The Platts Dated Brent benchmark has plunged 70% in the last month as consumption plummeted and major producers such as Saudi Arabia boosted supply. With storage expected to be filled by May a global deal on supply looks increasingly inevitable.

This infographic shows the key crude grades from producers likely to be impacted in some way by global cuts.

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