Washington would not be invited in any agreements related to the regulation of oil production. This was stated by Minister of energy of Saudi Arabia Khalid al-falih.
“No, the United States will not participate in any agreements related to oil production,” said al-falih.
The Saudi Minister also said that the current cycle of decline in world prices for “black gold” comes to an end, the situation with demand and supply in the market is gradually improving.
Earlier on Sunday, al-falih met with the head of the energy Ministry of Russia Alexander Novak. During the negotiations the representative of Riyadh said that the Kingdom intends to stabilize the oil market.