Friday 26 December 2014
 
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Opec shaken by Saudi price move

Saudi Arabia showed little concern for fellow Opec members by unilaterally cutting its oil prices to the US, a move that casts doubts on the group's credibility and its ability to find a common plan to stabilise the slumping energy market,

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Kuwait expects no output change at Opec meet

Kuwait does not expect Opec to change the cartel's petroleum production target at its next meeting, the oil minister of the state said on Wednesday. Asked whether the group's production target should be altered, Oil Minist

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