October 25, 2018 / 8:34 AM / in 5 months

Saudi Arabia, Russia agree to extend pact to keep oil market stable: Saudi state TV

FILE PHOTO: Saudi Energy Minister Khalid al-Falih speaks during the investment conference in Riyadh, Saudi Arabia October 23, 2018. REUTERS/Faisal Al Nasser

RIYADH (Reuters) - Saudi Arabia and Russia agreed to extend their pact to preserve oil stability, Saudi Energy Minister Khalid al-Falih said in remarks broadcast by Ekhbariya TV on Thursday.

“Saudi Arabia and Russia will interfere together, along with the heads of the other producing states, to prevent the market form falling out of balance,” the minister said.

Reporting by Nafisa Eltahir; Editing by Susan Fenton

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