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Can oil producers agree to cut supply?

Oil producers - including members of the OPEC group - are meeting in Algeria to discuss the oversupply in the market, which has led to a price collapse in the past two years. A deal to cap production looks unlikely after Iran rejected an offer from Saudi Arabia. Also today, the boss of Wells Fargo will give up $41 million in bonuses in the wake of the fake accounts scandal at the bank.

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