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OPEC decides not to cut oil output-Saudi's Naimi

Published Thu, Nov 27, 2014 · 04:17 PM

[VIENNA] Saudi Oil Minister Ali al-Naimi told reporters on Thursday that OPEC will not cut its oil output.

"That is right," Mr Naimi told reporters in response to a question on whether OPEC had decided not to cut oil supplies.

He was speaking after a five hour meeting of the producer group broke up.

REUTERS

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