CNBC | Saudi Arabia in talks to cut oil output after US waivers hit prices CNBC Saudi Arabia is discussing a proposal that could see OPEC and non-OPEC oil producers cut output by up to 1 million barrels per day, two sources told Reuters on Sunday, as the world's top oil exporter grapples with a drop in crude prices. The sources ... Venezuela hoping to steeply raise oil output next year Oil short sellers make a comeback as OPEC moves to centrestage Major oil producers to consider cuts after price slide |