OPEC and heavyweight Russia may fight America for its share of the oil market, Russia’s Finance Minister Anton Siluanov told TASS on Saturday, even if it means quitting the OPEC deal and lowered oil prices.
OPEC and Russia have tapered oil production according to the agreed upon production cut deal, but the United States continues to increase its production and is picking up market share in the process – market share formerly held by OPEC members and the other non-OPEC signatories to the deal including Russia.
Any failure in the production cut deal, however, will have
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