Oil Giant Breaks Out On Russia's 500,000-Barrel Threat

Oil Giant Breaks Out On Russia's 500,000-Barrel Threat

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stock broke out Friday after Russia announced it would cut its oil output by 500,000 barrels a day next month, sending crude prices higher. On Friday, a statement from Russia's Deputy Prime Minister Alexander Novak said the country plans to cut March production by 500,000 barrels per day in…

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