Oil prices continue to slide as the coronavirus dominates headlines.  Friday, February 7th, 2020 Oil prices fell back again on Friday, with WTI declining to $50 and Brent dipping below $55. Plans by OPEC+ to swiftly agree to deeper production cuts ran into some trouble. The coronavirus also continues to disrupt oil and gas markets. OPEC committee recommends 600,000 bpd in cuts; Russia hesitates . The OPEC Joint Technical Committee (JTC) met this week and recommended the group cut production by another 600,000 bpd in response to the coronavirus. But Russia played spoiler, asking for more time to consider deeper cuts. Moscow could make a decision by this weekend. But the discord was a setback for Saudi Arabia, and the disagreement could delay the scheduling of the ministerial […]