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Al-Falih, Novak to meet over oil prices support – Agency

Al-Falih, Novak to meet over oil prices support – Agency
(Photo archive)

Riyadh – Mubasher: Saudi minister of energy Khalid Al-Falih is planning to meet the Russian minister of energy Alexander Novak within the next two weeks to discuss the agreement between OPEC and non-OPEC members to support oil prices, Reuters reported.

Al-Falih added that the OPEC and non-OPEC members will work on reaching a decision concerning the output cut and has to be supported from everybody.

Saudi Arabia is interested in continuing the talks between OPEC and independent producers to achieve the stability of oil prices, the minister said.

In March, Al-Falih had announced that a meeting will be held with Novak, the Iraqi minister of energy, and the Mexican deputy minister of energy in May to discuss the extension of oil output reduction for an additional six months.