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Tue, Aug 29, 2017 Zainab Calcuttawala 666

Oil producers in Russia and Saudi Arabia are pushing to extend the Organization of Petroleum Exporting Countries’ (OPEC) production cuts until June of next year, according to a new report by The Wall Street Journal.

The deal, which lowers the bloc’s output by 1.2 million barrels per day, is already set to extend until March 2018.

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