The Gulf Cooperation Council which includes Saudi Arabia, Kuwait, Qatar and the United Arab Emirates have reached a consensus not to cut oil output and it expected the Organization of the Petroleum Exporting Countries (OPEC) to do same when it meets on Thursday. "The GCC reached a consensus. We are very confident that OPEC will have a unified position. The power of convincing will prevail tomorrow ... I am confident that OPEC is capable of taking a...


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