US S&P 500 mini futures dropped 1.54 per cent, erasing a brief gain to a one-month high made right after the start of trading. — Reuters pic
A bigger question for investors, however, is whether the novel coronavirus pandemic, which has ravaged global economic growth, will soon peak in the United States and Europe, as had been hoped. That includes contributions from non-members, steeper voluntary cuts by some Opec+ members and strategic purchases by the world's largest consumers, sources said.
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