OPEC saw its crude oil production dip by nearly 500,000 bpd in January from December, overcomplying with the collective cut, the monthly S&P Global Platts survey showed on Friday, but the cartel is already considering deepening the current cuts in response to the coronavirus outbreak which is battering oil demand. OPEC’s leader Saudi Arabia fulfilled its pledge to continue over-complying with the cuts and Libya’s supply sharply dropped due to the ongoing port blockade, the Platts survey showed. OPEC’s crude oil production…
