Despite talks about extending the oil cut deal up to six months, many sources affirmed that Thursday’s OPEC meeting will not carry any surprises since members agree to extend the agreement for nine months (until the end of 2018). Russia, however, continues to stall in deciding the extension duration, even though President Vladimir Putin approved the extension until the end of 2018 – but some firms objected and requested a shorter period. Moscow stated on Friday that it is ready to back the extension of the oil curb deal, but it has not yet decided on the duration. Oil Ministers starte
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