Reuters | Oil hits one-year high as Russia ready to join output caps Reuters "Russia is ready to join the joint measures to cap production and is calling for other oil exporters to join," Putin said, speaking at an energy congress in Istanbul. The Organization of the Petroleum Exporting Countries aims to agree on cutting about ... Oil jumps above $51 as Saudi official makes 'unthinkable' comment about price Saudi Minister Says Oil at $60 by Year-End Not 'Unthinkable' Brent hits one-year high after Putin says Russia is ready to join output deal |