Riyadh, Moscow ready to announce oil production cuts during OPEC+ meeting — paper

World October 05, 2022, 7:37

According to the paper, Saudi Arabia seeks to raise oil prices in a move set to anger the US and aid Russia

MOSCOW, October 5. /TASS/. Saudi Arabia, Russia and other oil-producing nations are ready to announce deep oil cuts during Wednesday’s OPEC+ meeting in Vienna, the Financial Times reported citing own sources.

According to the paper, Saudi Arabia seeks to raise oil prices "in a move set to anger the US and aid Russia.".

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