Saudi energy minister says he discussed oil markets with Russian counterpart

Saudi energy minister Khalid Al-Falih discussed oil markets with his Russian counterpart and stressed that Saudi Arabia would continue to comply with production cuts until the end of Q1 2020, he said in a tweet on Saturday.

“We confirm that we will continue to hold such meetings and talks between our two countries to ensure further progress, partnership, investment development and mutual trade,” Al-Falih added during the meeting.

كما تباحثنا بشأن أسواق البترول، وأكدنا على استمرارنا بمستويات عالية من الالتزام باتفاقية خفض الإنتاج حتى نهاية الربع الأول من عام ٢٠٢٠ بهدف عودة مخزونات النفط العالمي إلى نطاقها الطبيعي.

— خالد الفالح|Khalid Al Falih (@Khalid_AlFalih) August 3, 2019