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|07 November, 2018

Russia, Saudi Arabia discussing 2019 oil output cuts -TASS

Saudi Arabia proposed the cuts, TASS reported, citing the source.

View of the production facility at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018.

View of the production facility at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018.

REUTERS/Ahmed Jadallah

MOSCOW- Russia and Saudi Arabia have started bilateral discussions over possible 2019 oil production cuts, TASS news agency reported on Wednesday citing an unnamed source at the Organization of the Petroleum Exporting Countries.

Saudi Arabia proposed the cuts, TASS reported, citing the source.

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(Reporting by Vladimir Soldatkin; editing by Jason Neely) ((vladimir.soldatkin@reuters.com; +7 495 775 12 42;))