Reuters | In riposte to Riyadh, Russia says ready to ramp up oil output Reuters MOSCOW Russia said on Wednesday it was prepared to push oil production to new historic highs, just days after a global deal to freeze output levels collapsed and Saudi Arabia threatened to flood markets with more crude. OPEC member Venezuela ... Barclays' Cohen: This is why oil's trading up Russia calls Saudi bluff after Riyadh threatens to boost oil output Saudi's Blow to Doha Deal Could Push Some Oil-Reliant Nations to the Brink |