Dec 07, 2018 04:45 PM IST | Commodities
Oil edges higher after Russia indicates larger output cut
Iran appeared on Friday to be the main obstacle for an OPEC deal to cut oil production, as the group's leader Saudi Arabia had yet to agree exemptions for sanctions-hit Tehran, two OPEC sources said.
Saudi Energy Minister Khalid al-Falih said he was not confident a deal could be reached.
Published Date: Dec 7th, 2018 04:44 PM | Updated Date: Dec 07, 2018 04:45 PM IST