Saudi cabinet urges OPEC+ countries to further reduce production -SPA
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LONDON (Reuters) - Saudi Arabia's cabinet has urged OPEC+ countries to further reduce oil production rates to restore balance in global crude markets, state news agency (SPA) reported early on Wednesday."The cabinet affirmed the Kingdom of Saudi Arabia's endeavor to support the stability of global oil markets," according to a statement."The Kingdom of Saudi Arabia's initiatives aim at urging the countries participating in the OPEC+ agreement and other producing countries to adhere to the cut..