Russia & Saudi Arabia agree to stabilize oil market – minister
Moscow and Riyadh have found common ground on a possible agreement with OPEC and a plan to stabilize oil prices after a meeting in the Saudi capital. READ MORE: Venezuela state oil firm default would cause problems for US refiners Russian Energy Minister Alexander Novak met with representatives of Saudi Arabia and other major regional oil producers at the Gulf Cooperation Council (GCC) conference in Riyadh on Sunday. They discussed possible means to stabilize the slumping oil prices, and the parties appeared to come to an agreement. “We discussed questions related to freezing oil production in Russia and other...
Moscow and Riyadh have found common ground on a possible agreement with OPEC and a plan to stabilize oil prices after a meeting in the Saudi capital. READ MORE: Venezuela state oil firm default would cause problems for US...
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