Saudi Arabia hopes Russia to join OPEC

Saudi Arabia hopes Russia to join OPEC

Saudi Arabia expects that Russia will soon apply for membership in OPEC, the country’s minister of oil Khalid al-Falih said today.

"We invited Russia as an observer and associate member, and we hope that they will consider our proposal and submit an application. I can assure you that the rest of the OPEC members will be only happy about this development,’’ the minister said during the press-conference.

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