Members of Opec-plus - an oil cartel consisting of over 20 oil-producing countries led by Saudi Arabia and Russia - had agreed to reduce supplies by 10%.

But with Mexico walking out, the deal is under threat.

Worldwide fuel demand has plunged by around 30% of global supplies, as steps to fight the virus have cut vehicle usage, grounded planes and virtually shut down economic activity.

Oil prices dropped to 18-year lows in the last week of March