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Opec members have told Russia that it must reduce output or face a price collaps ...

Opec members have told Russia that it must reduce output or face a price collapse, reports UFG. Russia in the world’s second-largest oil producer but is not a member of Opec. Opec is ‘concerned that it could continue to lose market share as demand for oil falls,’ comments the analyst.

News Item details


Region: Russia & Central Asia|Eastern Europe

Keywords: Exploration and production

Organisation: OPEC

Subjects: Information technology, Oil

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