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Russian energy minister says Moscow needs oil at $50-60: RIA
September 29, 2016 / 2:11 PM / in 10 months

Russian energy minister says Moscow needs oil at $50-60: RIA

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MOSCOW (Reuters) - Russia needs an oil price of around $50-60 per barrel so that it can invest in future oil production, the RIA news agency quoted Russian Energy Minister Novak as saying on Thursday.

Reporting by Polina Devitt; Writing by Dmitry Solovyov; Editing by Andrew Osborn

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