*SAUDI ARABIA SAYS NEW OIL CUTS SHOW TEAMWORK WITH RUSSIA IS STRONG 🇸🇦🇷🇺
VIENNA - Russia-Saudi oil cooperation is still going strong as part of the OPEC+ alliance, which will do"whatever necessary" to support the market, Saudi Energy Minister Prince Abdulaziz bin Salman told a conference on Wednesday.
Saudi Arabia and Russia, the world's biggest oil exporters, deepened oil supply cuts on Monday in an effort to send prices higher.futures almost flat at $76.30 per barrel as of 1440 GMT, remaining below the $80-$100 per barrel that most OPEC nations need to balance their budgets. The United States, the biggest oil producer outside OPEC+, has repeatedly called on the group to boost production to help the global economy and has criticised Saudi cooperation with Russia after Moscow's invasion of Ukraine.
"Part of what we have done with the help of our colleagues from Russia was also to mitigate the cynical side of the spectators on what is going on between Saudi and Russia on that specific matter," Prince Abdulaziz said.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Russia, Saudi Arabia announce cuts in oil production, exports amid strong summer demandRussia and Saudi Arabia say they will extend previously announced cuts in oil supply this summer, a move by two major oil producers that could drive global markets higher amid a busy travel season in the U.S. and Europe.
Leer más »
Russia and Saudi Arabia vow to keep cutting oil production this summerWhat You Need To Know About Markets And The Economy
Leer más »
Saudi Arabia calls on Iran to start talks over 'Divided Area' demarcationSaudi Arabia and Kuwait exclusively own natural wealth, including Al Durra gas field, in Gulf's maritime 'Divided Area', says Saudi Foreign Ministry while calling on Iran to start talks over demarcation of the area's eastern border
Leer más »
Saudi Arabia, Kuwait, exclusively own gas-rich maritime 'divided area' -SPASaudi Arabia and Kuwait exclusively own natural wealth, including Durra gas field, in the Gulf's maritime 'Divided Area', Saudi state news agency SPA said on Tuesday citing the foreign ministry.
Leer más »
Brazil forward Roberto Firmino joins Saudi Arabia's Al AhliBrazilian forward Roberto Firmino becomes latest high-profile player to complete a move to Saudi Arabia, signing for Al Ahli after his contract with Premier League giants Liverpool expires
Leer más »