VIENNA—Russia and Saudi Arabia are trying to hammer out differences over petroleum output ahead of OPEC’s meeting on Thursday, highlighting the fragility of an energy alliance involving the world’s two largest crude-oil producers. Saudi Arabia, the most influential member of the Organization of the Petroleum Exporting Countries, is pushing for higher oil prices as it attempts an economic transformation funded by the initial public offering of its state oil company next year. Oil prices have risen to around $60 a barrel in...

Source: Wall Street Journal November 29, 2017 09:25 UTC