Oil prices fall as OPEC+ considers coronavirus action
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LONDON (Reuters) - Oil futures gave up early gains on Thursday despite possible action from the OPEC+ group of producers to counter an expected fall in oil demand as a consequence of the coronavirus outbreak.A OPEC+ technical panel has recommended a provisional cut in oil output of 600,000 barrels per day (bpd), though Russia has yet to declare its position on the matter, two sources said.Brent futures were down 88 cents at $54.40 a barrel by 1453 GMT, while U.S. West Texas Intermediate (WTI)..