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Saudi Arabia works on convincing Russia to join oil cuts

Reuters Wednesday, 5 December 2018 ()
Saudi Arabia works on convincing Russia to join oil cutsSaudi Arabia is seeking to persuade Russia on Wednesday to cut oil production substantially with OPEC next year in an attempt to arrest a decline in the price of crude and prevent another global glut.
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News video: Oil rises as markets pin hopes on OPEC cut

▶ Oil rises as markets pin hopes on OPEC cut 01:55

Saudi Arabia was seeking to persuade Russia on Wednesday to cut oil production substantially with OPEC next year in an attempt to arrest a decline in the price of crude and prevent another global glut. As David Pollard reports, OPEC holds policy talks on Thursday in Vienna, followed by a gathering...

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