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Saudi Arabia is considering a proposal to cut production of OPEC and its allies to 1 million bpd
The agency "Reuters" on Sunday, there are Saudi talks to reduce the production of OPEC and its allies of oil up to one million barrels per day.
"The talks are not over yet because a large part depends on the size of the decline in Iranian exports," Reuters quoted two sources as saying .
"There is a general debate going on in this regard, but the question is how much the market needs," one source said.
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