Report: OPEC, Russia, other countries unlikely to cut oil output – BP

MOSCOW, Feb 2 (PRIME) -- OPEC countries and other oil producers, including Russia, are unlikely to cut output to support the market, BP Plc CEO Bob Dudley said in an interview to Bloomberg on Tuesday.

Russia may only cut output by 1-2% at best, Dudley said.

The global oil market may be volatile until July due to Iranian oil exports, but after that demand will recover, Dudley said.

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