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Russia’s Novak sees a possible extension to oil output cuts

In an interview on ‘Bloomberg Markets’ today, Russia’s energy minister Alexander Novak discusses a possible extension to oil output cuts. 

Key Headlines:

See a possible extension to oil output cuts

There is an option to extend output cuts beyond June

A ministerial meeting is required to decide on extension of cuts    

We have asked more market and compliance data from the OPEC

 

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