Saudi, Russia continue to work within OPEC+ framework

05/03/2019 Argaam

Russia and Saudi Arabia will continue coordinating steps on the global oil market within the framework of the OPEC+ oil production capping agreement, Russian TASS news agency reported, citing Russia’s Foreign Minister Sergey Lavrov.

Also read: Russian foreign minister begins Saudi Arabia tour

"We agreed to continue coordinating steps on the global oil market in the OPEC+ format, which has been established and functions successfully, largely owing to proactive efforts of Russia and the Kingdom of Saudi Arabia," Lavrov said.

"We discussed steps undertaken by our relevant agencies for coordination of major new projects in various spheres, including energy, peaceful use of nuclear power, industry, agriculture, and transport infrastructure," the minister added.


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts