Oil Pares Gains as OPEC Delegates Temper Russia Meeting Talk

Updated on
  • Russia's Novak says ministers will meet in February: Interfax
  • OPEC delegates say no plans to hold talks to cut output

Russia Considers OPEC Cooperation on Oil Prices

Oil rose 2.9 percent after Russia’s energy minister said that OPEC and other producers may meet to discuss output, paring earlier gains when OPEC delegates said no talks were planned.

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