VIENNA - Saudi Arabia blocked calls on Nov. 27 from poorer members of the OPEC oil exporter group for production cuts to arrest a slide in global prices, sending benchmark crude plunging to a fresh four-year low.
Reuters: Saudis block OPEC output cut, sending oil price plunging
A general view shows the166th ordinary meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria on Nov. 27, 2014.
