'No guarantee' that Saudi Arabia will get what it wants at the OPEC meeting, expert says

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OPEC's top producer Saudi Arabia is pushing for a big cut, but non-OPEC leader Russia doesn't appear to be supporting this effort.

OPEC is weighing possible production cuts at its meeting in Vienna on Thursday and Friday.

"They need Russian participation, and if Russia doesn't join, they may say 'well, let prices take the burden to adjust'," he said.

 

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