The Telegraph: Oil price crash: markets slump as Opec resists Russian calls for emergency meeting
Moscow's foreign minister says Russia is ready to talk as country's oil production reaches post-Cold War era high.
Divisions between the world's major oil producers were laid bare on Tuesday as markets dismissed the prospect of an emergency Opec meeting to cut production levels.
Forward contracts for Brent crude fell by as much as 4.5pc to $32.70 a barrel, despite comments from Russia's foreign minister that Moscow was ready to "cooperate" with its rivals to halt an 18-month price rout.
Moscow's Sergei Lavrov said Russia shared a "common interest" with the 13-member cartel to stabilise the over-supplied market after prices hit highs of $110 in June 2014.
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More News On Russia Wanting To Make A Deal With OPEC On Oil Production And Prices
Russia Ready to Discuss Oil Production -- WSJ
Russia Open to Meeting With Major Oil-Producing Countries -- AP
Oil sinks for second day on fading hopes of output deal, weather -- Reuters
Oil prices could reach $40 a barrel if Russia made deal with OPEC -- RBTH
Oil: Russia Holds Weak Cards & Saudis Know It? -- Dimitra DeFotis, Barrons
Russia Cries Dyadya (Uncle), Is Saudi Arabia Listening? -- Dalan McEndree, OilPrice.com
Russia is now China's biggest oil partner — and it's a huge problem for Saudi Arabia -- Elena Holodny, Business Insider
Russian Roulette for Oil Traders -- Liam Denning, Bloomberg
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