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G20 agrees to stabilize oil market
Oil & Gas Journal: G20 members decided to take a more active role to stabilize the oil market on Apr. 10, but did not make specific commitments or give a number of potential cuts.
A draft communique from the meeting said the G20 members would “commit to doing whatever it takes, both individually and collectively” to ensure the energy sector makes a recovery. “We welcome the commitment of producers to stabilize energy markets…We call on other producing and consuming countries to complement these efforts.”
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