Activists in Berlin stage picket condemning Obama’s foreign policyWorld January 19, 21:17
Russian regulator promises to respond to any US restrictions of RT channelRussian Politics & Diplomacy January 19, 21:09
FIFA: Over 82,400 ticket requests applied globally for 2017 Confederations Cup in RussiaSport January 19, 20:17
Russia stands for developing legal tool to fight cyber hooliganismRussian Politics & Diplomacy January 19, 20:00
Russia is developing advanced hypersonic weapons — ministryMilitary & Defense January 19, 19:50
Former USSR leader receives Lithuanian court’s summons as witness in case over 1991 eventsWorld January 19, 19:29
FIDE chief says he plans to seek US entry after President-elect Trump’s inaugurationSport January 19, 18:56
Russian economy minister: Results of 2016 demonstrated adjustment to cheap oil, sanctionsBusiness & Economy January 19, 18:44
Russia ready to welcome Trump at economic forum in St. Petersburg — first deputy PMBusiness & Economy January 19, 18:29
MOSCOW, April 13./TASS/. Russian Minister of Energy Alexander Novak and Saudi Arabian Minister of Petroleum and Mineral Resources Ali al-Naimi on Tuesday held negotiations on freezing petroleum production, a source from the Russian Ministry of Energy told Tass on Wednesday.
"We confirm the fact of negotiations," said the source whose identity is not disclosed. They were held ahead of a meeting of oil-producing countries in Doha on April 17.
Russia and Saudi Arabia are world’s biggest producers and exporters of oil. An agreement between the two countries on freezing production is one of the key factors for success of the Doha meeting.
Another factor is participation in agreements of Iran, which plans to gradually increase production after the lifting of international sanctions imposed against Iran over its nuclear program.
Oil prices on April 12 were growing by almost four percent on hopes that the oil-producing countries would reach in Doha, Qatar, an agreement to freeze production at current levels.