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A source familiar with Saudi oil policy told Reuters that the kingdom is ready to cut up to four million barrels per day of its production, but only from its record levels of production reached in April at 12.3 million bpd.
OPEC and other producers meet on Thursday to decide on cuts to tackle the sagging demand from the Corona virus.
Non-OPEC Russia says it wants to cut production from January-March levels before the Saudi production jump.
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