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Saudi Arabia, the de facto chief of OPEC, has been making an attempt to maintain oil above $100 per barrel by pushing for member states to chop production. The kingdom has reportedly signaled that crude may drop as little as $50 a barrel if the Organization of Petroleum Exporting Countries doesn’t commit to reducing oil output. This would create a troublesome state of affairs for Russia, which is reliant on greater crude costs. “It will take time for the rate of interest to be reduced, no less than two to three months earlier than the …