Russia and Saudi Arabia put aside their oil differences and agreed to move forward

Head of the Russian direct investment Fund (RDIF) Kirill Dmitriev said that Russia and Saudi Arabia were able to put aside all their differences on oil issues and agreed to move forward on the deal to stabilize the market situation, Free News quoted him as saying.

According to him, the parties will work on a deal that will include not only OPEC+ but also other countries.

He called this event a historic and very important moment.

On Thursday, April 9, an OPEC+ meeting was held in the format of a videoconference, where participants discussed reducing energy production. Earlier, the head of the US Department of Energy, Dan Brouillette, said that the situation on the oil markets may depend on the decision of the Russian Federation and Saudi Arabia. He assumed that the countries would be able to agree and stabilize the situation in the markets.

Author: Flyn Braun
Graduated from Cambridge University. Previously, he worked in various diferent news media. Currently, it is a columnist of the us news section in the Free News editors.
Function: Editor