Saudi Arabia, Russia Push Negotiations for Global Oil Pact
- Diplomats try to bring G20 energy ministers together
- Russia, Saudi Arabia want U.S. to take part in any deal
Photographer: Omar Marques/SOPA Images/LightRocket via Getty Images
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Saudi Arabia, Russia and other large oil producers are racing to negotiate a deal to stem the historic price crash as diplomats said some progress was made on Sunday.
The talks still face significant obstacles: a meeting of producers from OPEC+ and beyond -- delayed once -- is only tentatively scheduled for Thursday. Russia and Saudi Arabia want the U.S. to join in, but U.S. President Donald Trump has so far shown little willingness to do so.