The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured behind a traffic sign at its headquarters in Vienna, Austria September 21, 2017. REUTERS/Leonhard Foeger
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Energy ministers from Saudi Arabia, the United Arab Emirates and Kuwait plan to meet Saturday to discuss OPEC matters, a week after the Saudis and Russia announced a new policy to revive oil production.Oil prices fell after Saudi Arabia and Russia last week signaled they'll restore some of the output they halted as part of an accord with 22 other states to help erode a global crude glut. The UAE and Kuwait are the two countries after Saudi Arabia and Russia that will benefit the most from an agreed rise in production because they have enough spare capacity, Hansen said.
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