Moscow has worked out a program of unfinished oil wells which could start operating once global demand recovers from the coronavirus pandemic, said Russian Energy Minister Alexander Novak.
Oil prices nosedived to their lowest level since June on Tuesday amid growing demand concerns as the coronavirus continues to spread. International benchmark Brent plunged more than five percent to $39.72 a barrel. US West Texas Intermediate crude slipped eight percent to $36.60, its lowest mark since June 16.
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