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Russia and OPEC Discuss Oil Prices

Russia will meet with OPEC on June 2-3 to discuss the solutions over falling oil prices. Right after the meeting of OPEC, the members will gather in Vienna on June 5 to discuss the global market, Presstv reports.

The fall of the global oil prices cost Russia $180 billion. The country is the world’s biggest energy exporter. Decrease of the Russian export revenues is conditioned by 50 percent discounted oil prices.

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