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Oil drops as Russia rejects further OPEC cut

Oil drops as Russia rejects further OPEC cut Oil continues to slump as Russia announced it will not back an OPEC call for extra oil output cuts. The announcement threatens to derail a plan by OPEC ministers for deeper reductions to cope with the coronavirus outbreak. Calamos Investments Vice President Joe Cusick joins On The Move to discuss the details.
#OPEC #Russia #Oilprices

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