[ICYMI] Saudi says oil cuts show not at odds with Russia
Oil producers are grappling with falling prices and high market volatility amid fears of global economic slowdown and the Russian invasion of Ukraine, which has upended economies worldwide.
Speaking at an OPEC seminar in Vienna on Wednesday, Saudi Energy Minister Prince Abdulaziz bin Salman said the coordinated announcement was"quite telling". Brent North Sea crude, the international benchmark, was trading at around $75 per barrel on Wednesday.
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