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Russia’s deputy PM believes OPEC deal will stabilize oil prices and ruble exchange rate

Логотип TASS TASS 01.06.2017 TASS

ST. PETERSBURG, June 1. /TASS/. Extending OPEC agreement on reducing oil production will stabilize oil prices and the ruble exchange rate, Russian Deputy Prime Minister Arkady Dvorkovich said in an interview with TASS.

"In general, this decision and our participation in the OPEC agreement is a two-component plus - oil prices are stable, and at the same time we do not create excessive pressure on the ruble exchange rate. We do not want oil prices to rise or fall sharply, depending on the short-term decisions of the producer countries," Dvorkovich said.


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