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Russia Sparks Hopes of Output Cut. BOJ Unexpectedly Adopts Negative Rate

Hopes of coordinated actions to restore oil prices lifted sentiment. Russia indicated that a meeting might be held with the OPEC next month to discuss about production cut. Russian energy minister Alexander Novak noted that a 5% cut was “precisely the subject for debate”. Crude oil prices rose for a third consecutive day…

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Russia Sparks Hopes of Output Cut. BOJ Unexpectedly Adopts Negative Rate

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