Saudi's Falih says Russia, Saudi OPEC+ extension pact will help stabilize oil market

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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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el sueño que no cumpliré de mi piso en San Sebastián supondría para este señor algo así como un par de cafés. Creo que mi fallo son los amigos. Todos tan pobres como yo 😂😂😂😂

Repulsive mafia

I don’t trust them.

He can go to hell.

How much of a payoff is Trump getting?

This saudi family still got face to show to world even after do many stupit thing thed did together with retarded us

Good job,civilization all over the word!

Good news

That's not good news. I want to see the oil market crash. Our biosphere needs to be stabilized. The petrochemical industry needs to go down in history as the worst environmental disaster that is leading to, and hopefully not has led to, human extinction.

Stabilize the market, raise the prices.

God bless KSA 🇸🇦❤️

Allahu Akbar - Trump

This means war

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Russia, Saudi deal shows commitment to oil market stability: NovakRussia's deal with Saudi Arabia on crude production cuts shows their commit... Stability at the highest rate possible, after you gut American green power and get Iranian and Venezuelan oil out. Long live the Moscow/Saudi/Israeli Axis! Why isn't the Idiot in on that for the US? Like he really cared about American. If Russia and Saudi making deals where do that leave the USA realDonaldTrump
Source: Reuters - 🏆 2. / 97 Read more »