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Saudi Arabia to Maintain Russia Cooperation in OPEC Deal

OIL

Saudi Arabia will continue to cooperate with Russia to maintain stability in the oil market, Saudi Energy Minister Prince Abdulaziz bin Salman told RIA Novosti Oct. 24, reported by Reuters.

  • "If it were not for this Saudi-Russian cooperation with the participation of the rest of the OPEC+ member countries, we would not have been able to achieve this stability compared to other markets, and we will continue this cooperation," he was quotes to have said, according to Reuters.
  • The Saudi Energy Minister also said earlier that the Kingdom’s current oil market strategy was working, and that a less volatile oil market would help the world grow.
Energy BulletsCommodities
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