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FBaggins

(28,705 posts)
9. That would be counter-intuitive
Thu Dec 21, 2017, 02:05 PM
Dec 2017

Russia desperately wants to get the price of oil to increase. The single largest factor keeping that from happening is the significant (and increasing) production coming from the US.

The prospect of US production growing further (and for more years) could only place more downward pressure on the price of oil (definitely not in Russia's best interest).

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