Rosneft Director Says Russia Unlikely to Extend OPEC Deal Again
Russian Economy Minister Says OPEC Deal Is Working
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Russia is unlikely to prolong its supply deal with OPEC beyond the nine-month extension agreed last week, because by then it will have served its purpose, according to a Rosneft board member.
“This cartel agreement should exist,” Oleg Vyugin said during the St. Petersburg International Economic Forum Thursday. “One year -- I see that as the horizon for this agreement, maybe even earlier.”