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Tag "Algeria Talks"

Saudis offer oil cut for OPEC deal if Iran freezes output: sources

Saudis offer oil cut for OPEC deal if Iran freezes output: sources

🕔15:40, 23.Sep 2016

RIYADH, SAUDI ARABIA: Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its own output this year, in a major compromise ahead of talks in Algeria next week, three sources familiar with the discussions said on Friday.

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