Cuts in the overall supply Pact

If relying on Saudi Arabia and the United Arab Emirates, the cuts in the global supply of oil can be extended beyond March 2018. At a meeting held in Astana, the Kazakhstan, the leaders of these countries argued about the dynamics of the oil market and expressed their satisfaction with the improving fundamentals of the oil and gas sector, reiterating agreement to extend the period of reduced production of deadline set by OPEC.

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