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Kuwait, UAE support Saudi-Russia dialogue on oil price
UAE Minister of Energy Suhail bin Mohammed Faraj Al Mazroui
The UAE has welcomed the cooperation between Saudi Arabia and Russia in the energy sector, especially in the area of oil.
Minister of Energy, Suhail bin Mohammed Faraj Al Mazroui, in a series of tweets, said the UAE, as an active and responsible member of Opec, will always support any joint efforts which will benefit market stability.
"UAE, as an active and responsible member of OPEC will always support any joint efforts which will benefit market stability," Al Mazroui tweeted.
He added that the UAE believes in the commitment of both the Saudi Arabia and Russia, major oil producers, to working together and with others to achieve oil market stability. Al Mazroui said the UAE is encouraged by the cooperation between Saudi Arabia and Russia.
"This dialogue confirms that the main oil producers are watching the oil market... to help achieve stability," Kuwait's acting oil minister Anas AlSaleh said in a statement on state news agency Kuna. - Agencies
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