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Oil Falls Over Production Cut Doubts

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News video: Oil Falls Over Production Cut DoubtsDue to signs that leading oil exporters were struggling to agree a deal to cut production to reduce global oversupply, oil prices fell around 2 percent on Tuesday. The Organization of the Petroleum Exporting Countries will meet in Vienna on Wednesday. The aim of the meeting is to implement an agreement outlined in September to cut output by around 1 million barrels per day, from around 33.82 million bpd in October. Key OPEC members appear to disagree over details of the agreement, however.

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