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Russia helping oil market stability by not raising output - minister

Reuters - UK Focus

MOSCOW, Nov 24 (Reuters) - Russia is contributing to oil market stability by not increasing oil production, Energy Minister Alexander Novak said.

He said in an interview with Rossiya 24 state TV aired on Monday that there was a possibility the Organization of the Petroleum Exporting Countries would agree to cut oil production at a meeting on Nov.27 to bolster falling prices, but "it is not high". (Reporting by Vladimir Soldatkin, editing by Elizabeth Piper)