PARIS, February 18. Foreign Minister of Saudi Arabia Adel al-Jubayr said that the country is not ready to cut oil production. This was reported by the AFP news Agency.
Iran will support any initiative to improve the situation with oil prices
“Saudi Arabia is not yet ready to cut production,” – said the Minister.
16 February in the Qatari capital Doha, the Saudi Arabia, Qatar, Venezuela, included in OPEC and Russian energy Minister Alexander Novak expressed the readiness to save, on average, in 2016 oil production at the level of January of the current year, if other countries – oil producers will join this initiative.
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