Russian comments ignite false hopes in oil market
Even if Moscow were to discuss cuts, many obstacles remain
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London
FOR a few minutes, at least, there was a glimmer of hope for the world's struggling oil producers.
After months of opposing any production cuts, Russia said on Thursday it would be willing to discuss output levels with Opec - opening the door for a deal with Saudi Arabia to revive oil prices hovering at US$30 a barrel.
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