Saudi Arabia's Oil Minister Khalid al-Falih talks to journalists after a news conference after an OPEC meeting in Vienna, Austria, November 30, 2017. (REUTERS/Heinz-Peter Bader)
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Saudi Energy Minister Khaled al-Faleh said Monday that oil producing nations could start discussing in June when to raise output, though OPEC is expected to maintain curbs until it clears a global glut.OPEC and its partners agreed last week to keep a lid on output for all of 2018, a strategy that aims to reduce a global excess in supply that has pushed oil prices lower and left a huge hole in the finances of producer nations.Nations that supply a majority of the world's oil agreed last week to maintain production curbs of 1.8 million barrels per day.
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