Russia's Novak: Oil exports to be cut by 300,000 barrels per day until year end

<p>Russia joins Saudi Arabia in cutting through year end, though the 'reviewed monthly' is a big caveat.</p><p>Still, Russia and Saudi Arabia are united in cutting production even with oil prices in the $85-$90 range. I imagine they won't be 'reviewing' the decision at anything less than $100.</p><p>Brent has risen to $90 from a low of $88.06 earlier today. It's the highest since last November.</p>

This article was written by Adam Button at www.forexlive.com.