Thursday, May 25, 2017

Russia poised to extend production cut deal with OPEC

OPEC and non-OPEC oil producing countries are meeting in Vienna to reach an agreement to extend their production cut agreement. Russia is poised to join the deal despite that more than a half of its budget depends on oil&gas revenues. Moscow expects the oil cut would help it decrease budget deficit and slow down inflation. Our correspondent Daria Bondarchuk reports from the Russian capital.

IN: Russia's Economy Minister…

OUT: SOC

DUR: 36 seconds

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