Saudi Arabia, Russia Hint at Further Action to Stem Oil Rout
Alexander Novak, Russia’s energy minister, arrives ahead of the 177th Organization Of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria. (Photographer: Stefan Wermuth/Bloomberg)

Saudi Arabia, Russia Hint at Further Action to Stem Oil Rout

(Bloomberg) -- Saudi Arabia and Russia signaled they may be open to further output cuts after the latest OPEC+ deal to curb global oil supplies failed to stem crude’s downward spiral.
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