It makes sense for OPEC, Russia and the USA to temporarily26 Mar 2020 13:09
support the price of oil.
These are exceptional circumstances. OPEC, Russia and the USA should cut production in order to suppport the oil industry or loads of people will lose their jobs. If they aim for Brent $40 it sould seem sensible. Ifr they do not, also when we get a vaccine there will not be enough oil production leading to shortages of pertrol, plastics and chemicals that other industries need to function.
All IMHO.