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Russia holds oil production near post-Soviet highs

Bloomberg Russia kept pumping oil near post-Soviet records last month as it reaped benefits from a deal with OPEC easing output caps and oil prices at an all-time high in rubles. The nation extracted an average of 11.21 million barrels of crude per day in August, according to data emailed by the Russian Energy Ministry’s CDU-TEK unit. Volumes were little ...

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May, Corbyn both face friendly fire as UK parliament returns

Bloomberg Both Prime Minister Theresa May and opposition Labour Party leader Jeremy Corbyn found themselves under fire as British lawmakers prepared to return to work this week. For May the issue was Brexit. Her proposed agreement was attacked by European Union negotiator Michel Barnier, who said he “strictly” opposed it. It was derided by her former Brexit Secretary David Davis, ...

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UK Tories propose Canada-style Brexit

Bloomberg Prime Minister Theresa May’s Brexit strategy has come under fresh fire, this time from a senior lawmaker in her own party who opposes a hard departure from the European Union. Most of the criticism of May’s cabinet-backed “Chequers Plan” has come from Conservatives linked to the European Research Group, which seeks maximum distance from the EU and is pushing ...

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