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Oil slides as Saudi Naimi tells market to forget OPEC cuts

(Reuters) - Oil prices resumed their downward march on Monday, doubling back on the biggest one-day gain in over two years, after Saudi Arabia's powerful oil minister said OPEC would not cut production at any price. After a weekend of comments from several Gulf OPEC members...

Putin says economy might take two years to recover

Russian president Vladimir Putin said Thursday that the Russian economy might take up to two years to recover from the doldrums into which it has fallen. He began his annual question and answer session with journalists by speaking about Russia's economic...