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FinancialNews


  • 29-11-18

    Saudi Arabia, Nigeria discuss oil stability

    (MENAFN) Saudi Arabia joined a meeting with Nigeria as they aimed to discuss means to guarantee the stability of the oil sector.

    The meeting has been held before December 6, when the 175th meeting of the Organization of Petroleum Exporting Countries (OPEC) members is set to begin.

    The talks were held between Saudi minister of oil and energy HE Khalid Al-Falih and Nigerian Minister of State for Petroleum Resources Dr Ibe Kachikwu.

    The two sides addressed ways to contribute in the stabilization of oil price during the OPEC meeting, along with exploring cooperation opportunities between their countries.

    They were also confirmed to have shed light on concerns seen within the global market oil stability, as well as ways to improve fields of oil and gas.

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