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Thursday 29 March 2018

Some oil exporting countries suggest six-month supply cut extension

Some oil exporting countries suggest six-month supply cut extension

29 March 2018, Baghdad — A number of oil exporting countries have suggested a six-month extension to the oil supply cut deal agreed by OPEC countries and non-OPEC crude producers, Iraqi oil minister Jabar al-Luaibi said on Wednesday. OPEC and non-OPEC producers led by Russia agreed in November to extend oil output cuts until the …

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