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Saudi's Falih expects 'reasonable and moderate' oil agreement next week

Reuters  |  MOSCOW 

By Vladimir SoldatkinMOSCOW (Reuters) - Saudi Energy Minister Khalid al-Falih expects a "reasonable and moderate" agreement next week when OPEC and non-OPEC oil-producing nations meet in Vienna, he told reporters in Moscow on Thursday. The meeting between OPEC and non-OPEC nations, led by Saudi Arabia and Russia, is expected to decide next week whether their current pact to curb oil production needs to be adjusted, as a recent rise in the oil prices has raised concerns among some participants. Falih, on a visit to Moscow to attend the World Cup opening, where the Russian and Saudi Arabian ...

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First Published: Thu, June 14 2018. 17:06 IST