OPEC+ pause. Saudi Arabia and Russia have delayed an OPEC+ meeting intended to negotiate production cuts. Instead of meeting on Monday as promised, the oil cartel will meet Thursday. The delay caused a significant drop in oil market prices; Brent crude fell more than 3.2 percent and U.S. crude fell 3 percent, with prices for […]
Brent crude prices rose on the hopes that Russia and Saudi Arabia could be close to a deal.
EU members are divided over whether to issue so-called "coronabonds."
The European Commission is evaluating the economic fallout from the coronavirus crash.