SAUDIS - RUSSIA AGREEMENT
FT - Crude producers led by Saudi Arabia and Russia will aim to draft an agreement to formalise their partnership for oil market co-operation by the end of 2018, the UAE's energy minister said.
Opec countries and allies outside of the cartel joined forces in 2017 to curb production and bolster the oil market after a three-year downturn. The 24 nations have pledged to reduce output by 1.8m barrels a day.
Oil officials have said in recent months…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.