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Russia, Saudi oil ministers agree to extend oil output cuts

Last Updated : May 15 2017 | 1:22 PM IST

BEIJING (Reuters) - Saudi Arabia and Russia have agreed that oil output cuts need to be extended until March 2018, Saudi energy minister Khalid Falih and Russian oil minister Alexander Novak said on Monday.

(Reporting by Aizhu Chen; Writing by Josephine Mason; Editing by Richard Pullin)

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First Published: May 15 2017 | 1:04 PM IST