New OPEC-Russia Pact on Oil Cuts Could Last Well Into 2020

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New OPEC-Russia Pact on Oil Cuts Could Last Well Into 2020
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Oil producers have been rattled by worries that China’s voracious appetite for oil could be diminished by the country’s tariff dispute with the U.S.

OPEC’s 14 member nations and a group of 10 countries led by Russia are gathering Monday and Tuesday for a high-stakes meeting in Vienna to discuss ways to balance the global oil market. Saudi Arabia—OPEC’s de facto leader—and Russia.

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