Saudi, Russia Vow Oil Cooperation Without Agreeing to Freeze

  • Countries have ‘number of tools’ for joint action, Novak says
  • Oil pares gains as rapprochement falls short of concrete steps

Oil Freeze Talks Falter at G-20 Summit

The world’s top two crude-oil producers pledged to cooperate to stabilize global markets, while failing to announce any specific measures to bolster prices.

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