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    Russia Awaits Positive Results From Oil Countries' Meeting

    © REUTERS / Sergei Karpukhin
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    Upcoming meeting among oil producing countries should bare fruiful results, Russian Deputy Energy Minister Kirill Molodtsov said Thursday.

    MOSCOW (Sputnik) — Russia expects a positive outcome from an upcoming meeting among oil producing countries, Russian Deputy Energy Minister Kirill Molodtsov said Thursday.

    "Positively," Molodtsov said on the margins of a global oil market conference when asked to assess the chances of the countries agreeing on a plan to limit production and prop up prices.

    OPEC member states are expected to renew talks on a possible oil output freeze with non-member states at the September 26-28 International Energy Forum (IEF) in Algiers, Algeria.

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    global, oil market, Kirill Molodtsov, Russia
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