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Too Early to Talk About OPEC+ November Decision: Novak

OIL

Russian PM Alexander Novak said its too early to talk about what market decision OPEC+ may take in a TV interview earlier Friday.

  • “Different options are possible, like raising the output or cutting it, tapering of the cuts or extension,” Novak said.
  • The OPEC+ decisions wait on factors such as global economic growth, particularly figures out of China.
  • Russia remains committed to a 300,000 bpd oil export cut at present.

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