OPEC technical meeting begins in Vienna Saudi minister Falih downplays need for OPEC action Algeria, Venezuela ministers travel to Moscow Libya’s NOC says cannot cut for “foreseeable future” OPEC on Monday kicked off what is expected to be a contentious, marathon technical meeting, in what could be a last gasp to save a tenuous output freeze as the producer group’s divisions appeared to widen over the weekend. OPEC is trying to clinch what would be its first coordinated cut since 2008 to help accelerate the market’s rebalancing, but positions have hardened over individual country quotas, exemption requests from certain members, and which production figures to use. The technical meeting, attended by representatives — but not ministers — of the group’s 14 members, comes two days before OPEC’s formal ministerial meeting on Wednesday, the self-imposed deadline for the group to finalize the freeze agreement first announced in Algiers in late […]