Russia & KSA Very Close to Oil Deal

published:07/04/2020 04:38 GMT

Saudi Arabia and Russia are "very, very close" to a deal on oil production cuts, Kirill Dmitriev, head of Russia's sovereign wealth fund, 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," Dmitriev, who is also one of Moscow's top negotiators, told CNBC. Dmitriev was first to make a public declaration of the need for an enlarged supply pact, potentially...More