OPEC Said to Start Final Diplomatic Push on Oil-Cuts Plan

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  • Qatar, Algeria, Venezuela in shuttle-diplomacy to secure deal
  • Iran and Iraq considering proposals, but so far no agreement

Oil Near 2-Month Low as Supply Swells

OPEC nations embarked on a final diplomatic effort to secure a deal on oil cuts, with Qatar, Algeria and Venezuela leading the push to overcome the divide between the group’s biggest producers, according to a delegate familiar with the talks.

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