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Saudi Energy Minister Khalid al-Falih announced today that his country and Russia have agreed to extend their coordination to maintain the stability of the oil market..
"Saudi Arabia and Russia can jointly intervene and bring other producing countries to prevent markets from falling into disequilibrium," Al-Falih said at the Riyadh investment conference on Thursday. ."He said.
"It is necessary to intervene to reduce oil stocks after increasing in recent months," he said, adding that an intervention may become necessary to restore stability after a year and a half..
Saudi Arabia and Russia are extending an agreement to stabilize the oil market, this news that we presented to you on our website.
The news has been imported. Saudi Arabia and Russia are developing an agreement to stabilize the oil market, whose main source is Yemen's Arab site.
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