Russian source says Moscow won't back OPEC's call for deeper oil cuts

Russian source says Moscow won't back OPEC's call for deeper oil cuts

A Russian high-level source told Reuters on Friday that Moscow would not back an OPEC call for extra reductions in oil output and would only agree to extending existing OPEC+ cuts.

"That position won't change," the source said as ministers from OPEC, Russia and other producer gathered for talks at OPEC's Vienna headquarters.

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