A droplet of petrol falls from a refueling nozzle at a gas station in Serbia. (Photographer: Oliver Bunic/Bloomberg)

OPEC+ Moves Toward Extending Oil Output Cuts to Early 2020

(Bloomberg) -- Oil producers from the OPEC+ alliance are moving toward extending supply cuts into the first quarter of 2020 as they grapple with surging U.S. shale output and weakening demand growth.

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