It’s too early to say if OPEC and its Russia-led non-OPEC allies will extend next week their pact to cut oil production through the end of the year, Russia’s Energy Minister Alexander Novak said on Monday, once again leaving the market guessing if Russia is willing to continue cutting its oil production. According to Khalid al-Falih, the energy minister of OPEC’s largest producer and de facto leader, Saudi Arabia, the cartel is close to reaching an agreement to extend the production cut deal beyond its current expiry date at the…
