MOSCOW – The Organization of the Petroleum Exporting Countries and other major oil producers led by Russia plan to meet on 1-2 July in Vienna to decide if the group known as OPEC+ extends its current production cuts into the second half of the year.

Russia is still holding consultations with local oil producers regarding the position on further implementation of the OPEC+ deal, TASS quoted Russia’s Energy Minister Alexander Novak as saying on June 27, adding that decisions made on the sidelin...

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