Oil pares losses
WTI is now flat on the day at $52.14 after falling as low as $51.23.
Energy Minister Novak said Russia is ready to act as needed to balance the oil market.
There is talk that OPEC is debating another 500kbpd production cut.
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Russia says OPEC+ needs several more days to monitor coronavirus but ready to meet in Feb
Russia says OPEC+ needs several more days to monitor coronavirus but ready to meet in Feb
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