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Russian Oil-Output Cuts to Support OPEC Seen as Unlikely

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Each time oil takes a dive, the idea of Russia allying with OPEC to shore up prices gets an airing.

It happened in the months after 9/11 and again during the 2008 financial crisis. Now it’s back on the agenda. Russia’s top two oil officials are in Vienna today to meet OPEC nations before this week’s meeting maps out the group’s response to this year’s tumble in prices.