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International Business Times
International Business Times
Business
AFP News

Putin, Saudi Leader Urge Oil Cooperation As Prices Flag

Russia and Saudi Arabia have agreed to extensive oil export cuts into 2024 (Credit: AFP)

The leaders of Saudi Arabia and Russia used a rare face-to-face meeting to urge oil producers to stick to pledged supply cuts, a joint statement said Thursday.

Russian President Vladimir Putin's trip to the Saudi capital a day earlier came as oil prices continued to slide, with US oil finishing below $70 per barrel for the first time since July.

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