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Rosneft believes OPEC output cut of 10 million bpd would rebalance markets: RenCap

Byindianadmin

Apr 9, 2020 #markets, #RenCap
Rosneft believes OPEC  output cut of 10 million bpd would rebalance markets: RenCap

MOSCOW (Reuters) – Rosneft ( ROSN.MM) thinks a cut in oil production of 10 million barrels per day (bpd) by OPEC would suffice to rebalance oil markets, Renaissance Capital (RenCap) stated late on Wednesday following a call with the Russian energy giant.

Ros

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