Saudi Arabia hints at 'sufficient cut' in oil production amid falling oil prices
- Country:
- Saudi Arabia
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.
"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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