Russia warns OPEC against 'hasty' policy changes, says oil market volatility could be here to stay

📆 11/11/2018 4:13 PM
📰 CNBC

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OPEC and non-OPEC exporters must stick to a consistent message if they are to avoid exacerbating wild swings in the oil market, Russian Energy Minister Alexander Novak said Sunday.

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Russia is offering to take oil it does not need from Iran. OPEC can make this a crusher by driving down the price and making it worse. 'Russia Warns' is humorous.

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