Russia’s Rosneft Spox: Exit from global oil output cut deal will happen sooner or later

Dhwani Mehta FXStreet

A spokesman from the Russian energy major Rosneft was on the wires last minutes, via Livesquawk, noting that the exit from the global oil production cut deal will happen sooner or later.

Both crude benchmarks keeps losses, with WTI down -1.10% to trade at $ 55.10, while Brent drops -1.14% to $ 61.50.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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