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Russia says UAE’s exit from OPEC will increase global production, bring down oil prices in future

By newsroom

Russian Finance Minister Anton Siluanov said on Wednesday that the decision by the United Arab Emirates to leave OPEC will mean the oil-producing countries will boost production, bringing down global prices in the future. Russia is a member of the OPEC+ group of countries and has been coordinating its policies with OPEC members. Russia is […]