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OPEC and Russia have been cutting production together to support prices since 2017.
Read More »OPEC Not a Cartel. Doesn`t Fix Oil Prices
Algeria to Raise Oil Output by August
OPEC and non-OPEC countries decided in late 2016 to cut output by 1.8 million barrels per day to boost oil prices.
Read More »Oil Tariff Quarrel Is Short-Term Gain. Long-Term Pain
U.S. President Donald Trump has called on OPEC to raise production to cool down oil prices.
Read More »UK to Invest in Nigeria`s Energy Sector
Britain has expressed its readiness to invest in pipeline infrastructure. renewable energy. gas and power of the Nigerian Oil and Gas Industry.
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