Russia, Saudi deal shows commitment to oil market stability - Novak

Russia, Saudi deal shows commitment to oil market stability - Novak
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  • Country:
  • Russian Federation

Russia's deal with Saudi Arabia on crude production cuts shows their commitment to stabilising the oil market, Russian Energy Minister Alexander Novak said in a statement on Saturday.

Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil production.

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