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Saudis Hint at Maintaining OPEC Production Targets

Saudi Arabian Oil Minister Ali al-Naimi said a key grouping of Gulf oil producers has "reached a consensus" on oil production targets, and will take a unified position when OPEC oil ministers meet Thursday in Vienna. In comments Wednesday, al-Naimi did not disclose contents of the agreement within the influential Gulf Cooperation Council, which includes Qatar, the United Arab Emirates and Kuwait. But the Reuters news agency quotes a Gulf OPEC delegate as saying oil output...

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