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Saudi will not cut oil production: FM

Friday, February 19, 2016 - 00:29

[RIYADH] Saudi Arabia is "not prepared" to cut oil production, its foreign minister told AFP on Thursday, after the top exporter agreed with Russia to freeze output if major rivals follow.

"If other producers want to limit or agree to a freeze in terms of additional production that may have an impact on the market but Saudi Arabia is not prepared to cut production," Adel al-Jubeir said in an interview.

AFP

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