Russia and Saudi Arabia

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Russia, Saudi agree to renew oil output cuts

President Vladimir Putin said Saturday that Russia and OPEC kingpin Saudi Arabia had agreed to renew a pact on oil production cuts, as crude prices slump on global markets, Arabian Business …

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 …

Saudi bikers arrive at 2018 FIFA World Cup (VIDEO)

Bikers from Saudi Arabia arrived to support their national team at the 2018 FIFA World Cup in Russia. Due to certain circumstances, the bikers had to choose a different starting point than their home country; so they flew to Frankfurt …

Will OPEC+ ease oil deal?

OPEC members are discussing a compromise agreement that would see an oil production increase of 300,000-600,000 barrels per day over the next few months, according to people briefed on the talks, Bloomberg reported. OPEC officials are …

Will Russia join OPEC?

Saudi Arabia and Russia are working on a historic long-term pact that could extend controls over world crude supplies by major exporters for many years, Reuters reported. Saudi Crown Prince Mohammed bin Salman said that …