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Opec seeks 'sufficient cut' to prop up plunging crude oil prices: Saudi

AFP | PTI/Vienna 06 Dec 18 | 04:05 PM

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OPEC is looking for a "sufficient" cut in oil production among its members in order to prop up plunging crude prices, Saudi Arabia's oil minister said on Thursday.

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"We're looking for a sufficient cut to balance the market, equally distributed between countries," Khalid al Falih told reporters ahead of an OPEC meeting in the Austrian capital.

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