Source: Opec+ has begun talks on output cut at Oct 5 meeting

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Source: Opec+ has begun talks on output cut at Oct 5 meeting
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DUBAI, Sept 29 — Leading Opec+ members have begun discussions about an oil output cut at the group’s next meeting on October 5, three sources told Reuters. One Opec source...

DUBAI, Sept 29 — Leading Opec+ members have begun discussions about an oil output cut at the group’s next meeting on October 5, three sources told Reuters.

A source familiar with Russian thinking told Reuters earlier this week that Moscow could suggest a cut of up to 1 million barrels per day . Next week’s meeting takes place against a backdrop of falling oil prices from multi-year highs hit in March, and severe market volatility.

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