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Tag Archives: Russia says oil price war with US would be too costly

Russia says oil price war with US would be too costly


January 24, 2019

DAVOS: Russia should not unleash an oil price war against the United States but rather stick with output cuts even at the cost of losing market share in the medium term, one of the main Russian architects of a production pact with Opec said. Since 2017, Russia and Opec have cut oil production jointly for the first time in an …

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