February 23, 2016 / 3:43 PM / 4 years ago

Saudi's Naimi sees 'most countries' agreeing to freeze output

(Reuters) - Saudi Oil Minister Ali Al-Naimi said on Tuesday he expected most big producer nations would agree to a proposed deal to freeze output at January levels.

“There is a common sense and there is a need for more money, and I think this common sense will make not all countries but make most countries freeze,” Naimi said at the IHS CERAWeek conference in Houston.

Reporting by Reuters CERAWeek team

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