Latin America's oil producers sweat to cover costs as price war takes toll
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MEXICO CITY (Reuters) - A price war between the world's oil powerhouses is leaving many producers in Latin American struggling to cover production costs, boosting the chances of output cuts and investment delays in the coming months.Global oil price benchmarks are suffering their steepest declines in decades in a perfect storm of falling demand in the face of the coronavirus epidemic, and surging supplies after Russia and Saudi Arabia failed to strike an agreement to cut output.WTI crude last..