Oil: And Now Transneft Says Russia and OPEC Could Play Nice Together

Following up on "Oil Prices Rebound on Smaller-than-feared Crude Build" immediately below.
Front futures now up 91 cents at $32.36.

From Reuters:

Russia's Transneft says Moscow, OPEC to discuss output cuts: agencies

Russian state oil pipeline monopoly Transneft said on Wednesday Russia and the Organisation of the Petroleum Exporting Countries (OPEC) would discuss possible output cuts, TASS news agency reported.
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RIA news agency also cited Transneft Chief Executive Nikolai Tokarev as saying a meeting at the Russian Energy Ministry had discussed possible talks with Saudi Arabia on oil.
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Senior Russian officials told Reuters earlier on Wednesday Russia's government is not discussing cooperation with OPEC, after a co-owner of the country's No. 2 oil producer Lukoil said Moscow and the exporter group should join forces to battle low oil prices.

Recently:
Oil: As Ruble Collapses, And Despite Tough Talk, Russia Signals It May Consider Working With OPEC To Cut Production