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News & Press: Industry News

Saudi-Iran tensions scupper deal to freeze oil output

Tuesday, April 19, 2016  
Posted by: Alisa Allen

A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on Riyadh to save the agreement and help prop up crude prices. 

http://www.reuters.com/article/us-oil-meeting-draft-idUSKCN0XE02Y

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