Financial Times - oil producers spring surprise output cut of more than 1mn barrels a day

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The Financial Times splashes on the revelations from oil producing nations that they will be cutting back production by more than a million barrels a day.

According to the paper, the move has put Saudi Arabia on a “collision course” with the US as it attempts to boost prices.

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Journalist Michael Reid asserts that Argentinians anticipate opponents employing “dirty tricks” and possessing a “hidden agenda,” influencing their on-pitch conduct. He also predicts that FIFA is unlikely to impose “any severe sanctions” related to the World Cup final incidents or the Malvinas banner controversy.

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