Oil refiners curb output as coronavirus cuts fuel demand
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LONDON (Reuters) - Oil refiners worldwide are reducing output or considering production cuts as the coronavirus outbreak keeps people at home and paralyses air travel, causing an unprecedented drop in fuel demand.It is hard to gauge the decline in consumption as the situation changes daily and more cities shut down, but most analysts agree April demand could fall by 10% year-on-year, which would leave many refiners unable to operate at a profit. The head of research at the world's biggest oil..