Saudi Arabia's energy minister has spoken of the possibility of OPEC oil producers and their non-OPEC partners not reaching a deal over whether to cut oil production this week.
Asked how real the risk a "no deal" scenario at the meeting on Thursday and Friday, which comes amid another slump in oil prices, Saudi Energy Minister Khalid al-Falih told CNBC's Hadley Gamble: "It's real."
Oil prices already dropped 3 percent earlier Thursday after Al-Falih signaled that the 15-member oil producing group could cut less than expected.
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