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Opec scrambles to agree to crucial oil output cut

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Failure to get an accord could send oil prices tumbling and reignite debate about the purpose of the 56-year-old Opec.

Vienna

ORGANIZATION of the Petroleum Exporting Countries (Opec) members will seek to give oil prices a boost in Vienna on Wednesday by nailing down their first output cut in eight years, although a deal is far from certain.

Failure to get an accord could send oil prices tumbling