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Novak: Russia to cut production to required level under OPEC+ deal by end of August

OPEC+ has been on a push for compliance for the past two weeks and it looks to have achieved some success. There could be something of a carrot/stick approach here with other producers perhaps extending cuts in October.

WTI is now trading flat on the day.

This article was written by Adam Button at www.forexlive.com.

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