OPEC ministers say a deal is close as meeting on oil cuts begins

Iraqi Oil Minister Jabbar al-Luaibi has said that OPEC ministers were unanimous in favor of an output cut, following a meeting in Vienna on Wednesday.

Photo: Kamran Jebreili / AP Polfoto

After weeks of often tense negotiations, OPEC ministers gathering in Vienna expressed renewed optimism about salvaging a deal to cut oil production and prop up global prices.

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