oil prices


Saudi Arabia and Russia ready to ease oil curbs

  • Saudi Energy Minister Khalid Al-Falih: “Two years ago we pulled supply. I think in the near future there will be time to release supply.”
  • Russian Energy Minister Alexander Novak said on Thursday that restrictions on oil production could be lifted “softly” if OPEC and non-OPEC countries see the oil market balancing in June.
By Richard Wachman ·