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OPEC meeting to be held this week despite coronavirus (sources)

UNITED STATES (OBSERVATORY NEWS) — OPEC and its allies will meet in Vienna on March 5-6, as planned, to decide whether to extend the reduction in oil production after its expiration in March and whether to increase this reduction, two sources said on Monday.

A number of events, including oil conferences, were delayed due to an outbreak of coronavirus. But the Organization of Petroleum Exporting Countries is sticking to its meeting plan, sources said.

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