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Oil is sliding after the 'scariest man on earth' said no to freezing production

The price of oil is sliding on Tuesday, after comments from Igor Sechin, the president and chairman of Russia's state oil company said that he sees no reason for a freeze or cut in oil production right now. Crude oil prices rose to their best levels of the year on Monday after Russian President Vladimir Putin said he hoped OPEC reaches an agreement, while speaking at an energy congress in Istanbul.
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