Iran calls for large OPEC cut

Iran's oil minister says OPEC should take 2 million barrels a day off the market when it meets Friday.

Gholam Hossein Nozari was speaking a day ahead of the meeting of ministers of the Organization of Petroleum Exporting Countries. The gathering appears set to agree on reducing output in an attempt to stem falling steep falls in oil prices, but still needs to decide on the size of the cut. (AP)