Moscow says Russia and Saudi Arabia 'firmly committed' to OPEC+ goals


Reuters | Updated: 29-07-2022 15:27 IST | Created: 29-07-2022 15:01 IST
Moscow says Russia and Saudi Arabia 'firmly committed' to OPEC+ goals
Representative image Image Credit: ANI

Russia and Saudi Arabia remain firmly committed to the goals of the OPEC+ agreement to preserve market stability and balance supply and demand in the global oil markets, the Russian government said in a statement on Friday.

Russian Deputy Prime Minister Alexander Novak met Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman to discuss the two countries' cooperation within the OPEC+ agreement, which sets quotas for oil production in a bid to balance global prices.

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