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Iran and Venezuela largest oil producers after Saudis
, the Saudis are unlikely to cut another 2 million barrels per day on their own. With several hundred billion dollars in the bank and a relatively small population, they can tolerate prices at today's levels much longer than big-spending Venezuela and Iran. The Saudis want to see those countries, which are the two largest OPEC producers after the kingdom, take more of the pain
Tags : iran venezuela saudi arabia oil
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