Oil up as Russia mulls talks with Opec and rig count drops
Russia has been unwilling to cut output to support prices; its oil output hit high in Sept
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OIL rose on Monday after Russia said it was ready to meet other producers to discuss the market, where prices have more than halved from last year's highs due to a supply glut.
A report showing a fifth weekly fall in the number of oil rigs drilling in the United States also underpinned prices.
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