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Riyadh, Moscow agree to extend oil supply cuts till March 2018

Energy ministers from both countries 'to do whatever it takes' to reduce global stocks to their five-year average

Published Mon, May 15, 2017 · 09:50 PM

Beijing

SAUDI Arabia and Russia, the world's top two oil producers, agreed on Monday to extend oil output cuts further until March 2018 to rein in a global crude glut, pushing up prices.

The timing of the announceme…

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