Washington has been pressuring Riyadh to scrap its voluntary crude output cuts to lower prices for months Major oil producer Saudi Arabia is willing to increase production early next year in exchange for a defense pact with the US, the Wall Street Journal reported on Friday, citing Saudi and US sources.
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Civilian and military officials in Ukraine declined to either confirm or deny on Friday that their military helicopters conducted a successful cross-border raid and attacked an oil depot on the outskirts of the Russian city of Belgorod.
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