| Oil prices rebounded from a new one-month low Tuesday after further talk of cooperation to cap output among the world’s largest oil exporters. Russia supports a deal that would stabilize oil markets for a year, Russia’s permanent representative to the Organization of the Petroleum Exporting Countries told Interfax news agency Tuesday.
“A year-long agreement would satisfy this criteria,” said Vladimir Voronkov. OPEC Secretary-General Mohammed Barkindo also said that Iranian officials have told him they are committed to negotiating, according to a Bloomberg report. ............................................Full Article: Source
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