Currency converter
All news
News Search Topics
Use filter
You can filter your feed,
by choosing only interesting

Statement of Russia and Saudi Arabia is crucial for situation on oil market — source

September 05, 2016, 13:22 UTC+3
1 pages in this article

The statement signed by Russia and Saudi Arabia is crucial for the situation on the oil market, a representative of the investment community told reporters. The source added the countries are interested  in stabilization of oil prices at a higher level and it is a signal for the market participants.

"These are the two major powers (in oil production - TASS) and few expected that they would be able to agree on a joint approach. This is a historic event, a breakthrough on the oil market, indicating that the market players are interested in stabilization of prices at higher levels," he said.

Show more
In other media
Partner News