Moscow is ready to coordinate with other leading oil exporting countries to help to stabilize the global oil market, the Kremlin said on Monday.
Kirill Dmitriev, head of Russia’s wealth fund, told CNBC earlier on Monday that Saudi Arabia and Russia are “very, very close” to a deal on oil production cuts.
“Moscow is ready for cooperation and interested in interaction with countries in order to stabilize the energy markets,” Kremlin spokesman Dmitry Peskov told a daily conference call with reporters.
Peskov also said that talks between OPEC and other leading oil producers, a group known as OPEC+, were delayed until Thursday for technical reasons and preparations for the meeting were under way.
Read more:
Oil drops as Saudi Arabia, Russia meeting on output cuts delayed
Saudi Arabia, Russia ‘very, very close’ to oil output cut deal: RDIF
Saudi Arabia, Russia, US, other oil exporters race to negotiate crude deal
-
Oil drops as Saudi Arabia, Russia meeting on output cuts delayed
Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help reduce global oversupply as the ... Energy -
Saudi Arabia, Russia ‘very, very close’ to oil output cut deal: RDIF
Saudi Arabia and Russia are “very, very close” to a deal on oil production cuts, Russia’s sovereign wealth fund chief told CNBC on Monday.“I think the ... Energy -
Saudi Arabia, Russia, US, other oil exporters race to negotiate crude deal
Saudi Arabia, Russia and other large oil producers are racing to negotiate a deal to stem the historic price crash as diplomats said some progress was ... Energy