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Friday, 25 November 2016

Russia to OPEC: Oil freeze is all you get

Russia to OPEC: Oil freeze is all you get
*Freeze means 2017 Russian output would be less than planned *OPEC asked non-members to cut 500,000 barrels a day: Novak 25 November 2016, Moscow — Facing pressure from OPEC to make a significant output reduction, Russia reiterated its readiness to freeze oil production at current levels, arguing that the offer amounted to a cut compared […] More »

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World Energy Consumption