Saudi Arabian Energy Minister Khalid al-Falih said on Saturday that the agreemen...
FILE PHOTO: Saudi Energy Minister Khalid al-Falih attends a session of the St. Petersburg International Economic Forum , Russia June 7, 2019. REUTERS/Maxim Shemetov/File Photo
VIENNA - Saudi Arabian Energy Minister Khalid al-Falih said on Saturday that the agreement between the Russian and Saudi leaders at the sidelines of the G20 to extend the OPEC+ oil supply cut agreement from July would help reduce global inventories and balance the oil markets. Al-Falih wrote on his official Twitter account that the partnership between Riyadh and Moscow paves the way to guarantee the interests of both oil producers and consumers, as well as the continued growth of the global economy.
Russia agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output, Russian President Vladimir Putin said in Japan, as oil prices come under renewed pressure from rising U.S. supplies and a slowing global economy.
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Russia agrees with Saudi to extend OPEC deal by 6-9 months: PutinRussia has agreed with Saudi Arabia to extend by six to nine months a deal with ...
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Russia, Saudi Arabia Reach Oil Output Agreement Ahead of OPEC TalksRussia and Saudi Arabia have agreed to extend a major oil output-cutting deal by six to nine months to help support the market, Russian President Vladimir Putin said after meeting Saudi Crown Prince Mohammed bin Salman.
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OPEC to Extend Cuts Amid Dual Threats to Oil Supply, DemandOPEC is set to continue cutting production into the second half of this year when it meets on Monday, OPEC and Saudi officials said.
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The Latest: Putin says election issue was raised with TrumpOSAKA, Japan (AP) — The Latest on the Group of 20 summit meetings in Osaka, Japan (all times local): 5:35 p.m. President Vladimir Putin says claims of Russian meddling in the U.S....
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