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Russia and Saudi Arabia are against an artificial influence on the oil market, Russian Foreign Minister Sergei Lavrov said.Lavrov: Russia, Saudi Arabia Stand Against Artificial Oil Prices

Russia and Saudi Arabia disapprove of any artificial influence on the oil market, Russian Foreign Minister Sergei Lavrov said.

Russia and Saudi Arabia are against an artificial influence on the oil market, Russian Foreign Minister Sergei Lavrov said Friday.

“In regard to the situation on the oil market, both [Russia] and Saudi Arabia believe prices should be according to the market, and the crucial role here is played by supply and demand. We along with our Saudi partners are against the market being influenced as the result of some sort of political plans,” Lavrov said during a press conference following a meeting with Saudi Foreign Minister Saud Al Faisal in Moscow.

NA
Copyright:
Sputnik
Published on:
November 21, 2014
Source url:
http://sputniknews.com/business/20141121/1014991307.html
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