Wall Street Journal | Saudi Arabia Backs OPEC Push to Make Steep Oil Output Cuts Wall Street Journal VIENNA—Saudi Arabia is backing an effort to make the steepest oil-production cuts possible at OPEC's meeting next week and to convince producers outside the cartel to help remove almost 2% of the world's oil supply, people familiar with the matter said. Russia to OPEC: Oil Freeze Is All You Get Oil companies shoulder pain of downturn with lower output Oil prices pause as OPEC deal news goes silent |