Since 2009, oil prices started their gradual decline, signalling the end of the fossil fuel era. But it was Covid-19 that eventually destroyed the old world, writes Vladislav Inozemtsev
We now know what was at stake - as well as the outcome of these 20-hour debates between leaders. Formally, the global oil output was cut by 15 million barrels per day in a bold move to balance struggling production with disappearing demand.
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