Oil prices rise temporarily on talk of output cut
by Reuters from on (#1435Y)
Top oil officials from Saudi Arabia, Russia and several key Opec members to discuss supply glut
Oil prices surged temporarily on Tuesday, reaching their highest levels in more than a week after Russia and Saudi Arabia provided the markets with hope of an eventual deal to tackle a deep supply glut.
Representatives from two of the world's biggest oil producers agreed to freeze production levels, in what could be the first deal between an Opec and non-Opec country in 15 years.
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