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Wednesday, November 13, 2024

Russia doesn’t want OPEC+ to cut oil output as it fears it’ll lose leverage with its Asian buyers: report

Russia is opposed to an oil production cut from OPEC+ as it wants to make sure it has an edge in discussions with Asian buyers that have been snapping up its discounted crude, according to a Wall Street Journal report. The Organization of the Petroleum Exporting Countries and its allies meet Monday …

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