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Tag Archives: Oil deal

Saudi, Russia closing in on record oil cut deal

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REUTERS, APRIL 9, 2020 DUBAI/MOSCOW/LONDON (Reuters) – OPEC and its allies held talks on Thursday on record oil output curbs of 15 million to 20 million barrels per day (bpd), or 15% to 20% of global supplies, to support prices hammered by the coronavirus crisis, OPEC and Russian sources said. They said the cuts included contributions of up to 5 …

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