Saudis Willing to Act on ‘Critical’ Oil Market, Algeria Says

  • Saudi Arabia offers to cut output to January level: Boutarfa
  • OPEC members to hold informal talks on Sept. 28 in Algiers

Algeria's Boutarfa: Saudi Willing to Act on Oil Market

Saudi Arabia, the world’s biggest oil exporter, has offered to cut its output to January levels, Algeria’s energy minister said as he prepared to host a meeting of OPEC producers later this week.

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