Friday, 25 October 2019

Russia affirms close oil cooperation with #SaudiArabia, OPEC+ - Reuters

Russia affirms close oil cooperation with Saudi Arabia, OPEC+ - Reuters:

Russia’s energy ministry said on Friday it continues close cooperation with Saudi Arabia and OPEC and non-OPEC oil producers to enhance market stability and predictability. 


Its statement came a day after Igor Sechin, CEO of Russian oil giant Rosneft, said the September attacks on Saudi oil assets created doubts over its reliability as a supplier.

“The quick restoration of the production capacity in Saudi Arabia after the drone attacks has once again underscored professionalism and reliability of the largest producers in the industry,” the ministry said.

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