Business Insider | The Russia-Saudi oil cooperation is actually a sign of 'extreme economic duress' Business Insider Saudi Arabia and Russia agreed on Monday at the G-20 summit in China to cooperate on oil and to create a "working group" to stabilize markets. This comes just weeks ahead of the informal oil talks to be held in Algiers, Algeria, on September 26 and 27. Don't be so quick to dismiss 'meaningful' Saudi-Russia oil deal: RBC's Croft Oil slips below $47 as hopes for producer action wane Oil Prices Slip As the Hopes for Saudi-Russian Action Wane |