Oil to stay below $40 in 2020 on virus shock, OPEC+ deal collapse - Reuters poll
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(Reuters) - Oil prices will stay below $40 a barrel this year, as measures aimed at halting the rapid global spread of the coronavirus cripple demand and the collapse of an OPEC+ deal adds to a mounting supply glut, a Reuters poll showed on Tuesday.The survey of 40 analysts forecast Brent crude prices would average $38.76 a barrel in 2020, 36% lower than the $60.63 forecast in a survey in February.The 2020 outlook for West Texas Intermediate crude was slashed to $35.29 a barrel from last..