Russia is ready to cooperate with its OPEC+ partners to support the world oil market, even though it’s comfortable with current crude prices, President Vladimir Putin said.
Bloomberg: Russia to work with OPEC+ but content with oil price
Kuwaiti traders wearing protective masks follow the market at the Boursa Kuwait stock exchange in Kuwait City on March 1, 2020. - Boursa Kuwait decided to close the main trading hall due to the COVID-19 coronavirus disease developments. Stock markets in the oil-rich Gulf states plunged on March 1 over fears of the impact of the coronavirus, which also battered global bourses last week. All of the seven exchanges in the Gulf Cooperation Council (GCC), which were closed the previous two days for the Muslim weekend, were hit as oil prices dropped below $50 a barrel.
