With prices collapsing under the weight of an oil glut, negotiators frantically sought a deal that would restore confidence before markets reopened.
Negotiators raced to clinch a historic deal to cut oil supply and stem a devastating price rout Sunday, with just hours to go before the market opens.
Negotiations have escalated to the highest level, with Trump intervening to speak to leaders including Saudi Crown Prince Mohammed bin Salman. The tentative OPEC+ deal for a 10 million-barrel cut requires Mexico to reduce its own output by 400,000 barrels a day. The Latin American country has rejected the proposal, instead offering to cut output by just 100,000 barrels.
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