15 Apr 2020 | 17:25 UTC

Infographic: OPEC+ digs deep to rebalance the oil market

OPEC+ has secured historic global support for cuts to remove around 15 million b/d from the market over the next few months.

Despite the scale of the agreement concerns remain that demand destruction from the spread of the coronavirus pandemic will still be too great to balance fundamentals and prevent global storage being exhausted.

Click here for the full-size image

OPEC+ digs deep to rebalance the oil market