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United Arab Emirates

World news about “United Arab Emirates” published by euronews.

22/12 13:30 CET

No cut in oil production says OPEC

No cut in oil production says OPEC

There will be no cut in oil production. That's the reaction from the oil rich Gulf states to the recent tumble in prices of crude. Saudi Arabia's Oil Minister Ali al-Naimi said "the spread of misleading information and speculation" had contributed to the 40 percent price…