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Russia warns of ‘fragile’ oil market but says it can raise output


  • Oil & Gas
  • Wednesday, 12 Sep 2018

VLADIVOSTOK: Global oil markets remain “fragile” due to geopolitics and production declines in several regions, Russia’s energy minister said on Wednesday, but added his country could raise output if needed.

The comments come amid oil prices eyeing $80 per barrel , up from little over $60 in February, amid supply disruptions and expected U.S. sanctions against Iran.

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