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How Russia will benefit from fresh oil production cuts
Oil prices have suffered greatly from the banking crisis in the United States and Europe, with fears of a global recession resurfacing and investors shifting away from riskier assets such as commodities.
How Russia will benefit from fresh oil production cuts
By: NewVision Reporter, Journalists @NewVision
The shock announcement by several OPEC+ members to voluntarily cut their oil production by more than a million barrels per day from May has sent world oil prices soaring, in