Oil Extends Drop With OPEC+ Warning of Precarious Market Outlook
The oil stock divestment plan is a milestone for Norway, western Europe’s biggest oil-producing country, and the global investment community. (Photo: Bloomberg)

Oil Extends Drop With OPEC+ Warning of Precarious Market Outlook

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(Bloomberg) -- Oil slid toward $40 a barrel in New York with OPEC+ warning of a precarious outlook for the market as a resurgent virus hits consumption.