News Snapshot:
Russian President Vladimir Putin (L) gestures as he welcomes China's President Xi Jinping during an informal meeting in the Kremlin in Moscow on July 3, 2017. SERGEI CHIRIKOV/AFP via Getty Images Talks are taking place at government level with limited oil company involvement, Bloomberg reported. No volume of crude has been agreed upon and a deal isn't guaranteed, sources told the outlet. Advertisement China is in talks with Moscow to buy cheap Russian oil for its strategic petroleum reserves, Bloomberg reported on Thursday. Discussions between the two have been taking place at government level, with limited involvement from oil firms,...