Lower oil prices are a boost for national oil companies in Asia, according to Moody's. Vikas also details his expectations on the proposed deadline extension for OPEC's production cut deal.

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Tags:  Oil prices,  budget deficit,  production cut,  OPEC Deal,  US Shale,  Brent crude,  price stability,  market share,  Pertamina,  Petronas,  Saudi Aramco,  RAPID project,  stake sale,  Sarawak gas