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Last Updated: May 31, 2018
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MOSCOW (Bloomberg) -- Saudi Arabia and Russia have a difficult month ahead, according to Nordine Ait-Laoussine, president of Geneva-based consultant Nalcosa and former energy minister of Algeria.

He says the de-facto leaders of the coalition that masterminded a recovery in oil prices have just three weeks to persuade their allies to change tack and boost output. The world’s largest oil exporters made a policy U-turn last week by signaling a revival of production, a prospect that’s driven down crude prices from the highest in three years.

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