World News: 15:15 GMT Tuesday 3rd December 2019. [Yahoo Business News Feed via SPi World News]
Russia expects a 'constructive' meeting with OPEC producers this week, its energy minister said on Tuesday, as OPEC leader Saudi Arabia presses members and allies such as Russia to deepen output cuts to avoid a new glut next year. The Organization of the Petroleum Exporting Countries (OPEC) meets on Thursday in Vienna followed by a meeting with allies, known as OPEC+, on Friday. “We are still finalising our position,' Russian Energy Minister Alexander Novak said when asked about Moscow's stance before the talks.
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