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Russia, Saudi 'very, very close' to a deal on oil output cuts

News Service
09:48 - 6/04/2020 Monday
Update: 09:49 - 6/04/2020 Monday
REUTERS
FILE PHOTO: Kirill Dmitriev
FILE PHOTO: Kirill Dmitriev

Saudi Arabia and Russia are "very, very close" to a deal on oil production cuts, Russia's sovereign wealth fund chief told CNBC on Monday.

"I think the whole market understands that this deal is important and it will bring lots of stability, so much important stability to the market, and we are very close," Kirill Dmitriev, CEO of the Russian Direct Investment Fund, told CNBC.

#Saudi Arabia
#Russia
#oil
4 years ago