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OPEC, Russia to stand pat on oil deal even as glut persists

There seems to be little expectation that the world's top petroleum exporters will tighten their efforts to curb the global oil glut at the OPEC meeting this weekend.
Photo: /ritzau/Nabil al-Jurani/Arkiv
Photo: /ritzau/Nabil al-Jurani/Arkiv
BY GRANT SMITH, BLOOMBERG

OPEC and Russia's plan to clear the global oil glut has not worked as they hoped, but there's little expectation the world's largest producers will act more aggressively when they meet this weekend.

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