Business
Oil output cut: Kremlin says it’s important to support world prices
The Kremlin said on Monday that it was in the interests of the world energy industry to support prices for oil and oil products, a day after Russia announced it would extend a 500,000 barrels per day output cut until the end of the year.
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Kremlin spokesman Dmitry Peskov said Russia was in constant contact with OPEC+ countries, who announced combined cuts of around 1.16 million bpd in a surprise move on Sunday.
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