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Saudi, UAE Signal no Push for OPEC Oil Cut

(Version anglaise seulement)

OPEC leader Saudi Arabia and fellow member the United Arab Emirates signaled on Wednesday they were unlikely to push for a major change in oil output at the group's meeting this week to prop up prices that have collapsed by a third since June. Saudi Oil Minister Ali al-Naimi said he expected the oil market “to stabilize itself eventually” after talks with non-OPEC member Russia on Tuesday yielded no pledge from Moscow to tackle a global oil glut jointly. OPEC's meeting on...

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