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World

Russia's Putin to hold new talks on oil

OPEC, Russia and other allies outlined plans on Thursday to cut their oil output by more than a fifth and said they
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  • OPEC, Russia and other allies outlined plans on Thursday to cut their oil output by more than a fifth and said they expected the United States and other producers to join in their effort to prop up prices hammered by the coronavirus crisis.

MOSCOW: Russian President Vladimir Putin said on Friday he was planning to hold new talks on oil prices after phone calls with US President Donald Trump and the leadership of Saudi Arabia, TASS news agency reported.

OPEC, Russia and other allies outlined plans on Thursday to cut their oil output by more than a fifth and said they expected the United States and other producers to join in their effort to prop up prices hammered by the coronavirus crisis.

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