Friday, January 29, 2016

Russia says Saudis proposing global oil production cut



ST PETERSBURG, Russia/DUBAI Russia said on Thursday that OPEC's largest producer Saudi Arabia, had proposed oil production cuts of up to 5 percent in what would be the first global deal in over a decade to help clear a glut of crude and prop up sinking prices.

from My Pocket http://www.reuters.com/article/us-russia-oil-cuts-proposals-idUSKCN0V61WS

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