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OPEC-OIL-PRICES - Saudi Arabia says 'not confident' OPEC can reach agreement on cuts

Contributed by NAMPA / PTI.

Vienna, Dec 6 (AFP) OPEC members and other oil-producing countries may not be able to agree a reduction in output to help shore up plunging prices, Saudi Arabia said on Thursday.
"No, I am not confident," Saudi oil minister Khalid Al-Falih told reporters after coming out of a meeting of the Organization of Petroleum Exporting Countries in Vienna.
"We're still debating the distribution" of any possible cuts, he added.
Iraqi minister Thamir Abbas Al Ghadhban said deliberations would continue ...

 

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