Russia–Saudi Arabia relations - Wikipedia
Russia–Saudi Arabia relations (Russian: Российско-саудовские отношения, Arabic: العلاقات السعودية الروسية) are the bilateral relations between the Russian Federation and the Kingdom of Saudi Arabia.
2020 Russia–Saudi Arabia oil price war - Wikipedia
On 8 March 2020, Saudi Arabia initiated a price war on oil with Russia, which facilitated a 65% quarterly fall in the price of oil. [1] The price war was triggered by a break-up in dialogue between the Organization of the Petroleum Exporting Countries (OPEC) and Russia over proposed oil-production cuts in the midst of the COVID-19 pandemic . [ 1 ]
Saudi Arabia and Russia move to extend oil cuts could drive up …
Sep 5, 2023 · Saudi Arabia and Russia agreed Tuesday to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting...
Oil prices spike as Saudi Arabia, Russia extend 1.3 million barrel a ...
Sep 6, 2023 · Saudi Arabia and Russia agreed Tuesday, Sept. 5, 2023, to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices.
Saudi-Russian Relations: Alignment of Visions and Mutual Interests
Cooperation between Saudi and Russian bodies has yielded positive results that benefited the Kingdom, as King Abdulaziz City for Science and Technology announced in 2014 the successful launch of its thirteenth Saudi satellite, SaudiSat-4, from Russia's Dombarovsky air base.
Saudi Arabia and Russia are cutting oil supply again in bid to …
Jul 3, 2023 · Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world to try to prop up prices, showing how two of the world’s largest oil producers are scrambling to boost income from the fossil fuel even as demand has weakened with the economy.
Russia and Saudi Arabia’s Oil Partnership Shows Strain
Jun 7, 2023 · Just two months earlier, Russia and Saudi Arabia, which together sell more than 20 percent of the oil used by the world, had agreed to cut production. But while Saudi Arabia followed...
Saudi Arabia voted in favor on February 23, 2023, of a United Nations General Assembly (UNGA) resolution that called for Russia to end hostilities in Ukraine and called for the withdrawal of its forces.
Ostracized by the West, Russia Finds a Partner in Saudi Arabia
Sep 14, 2022 · As Russia massed troops on its border with Ukraine and invaded the country at the start of the year, Saudi Arabia’s Kingdom Holding Company quietly invested more than $600 million in Russia’s...
What’s Driving Russia’s Opportunistic Inroads With Saudi Arabia …
Oct 5, 2022 · The Kremlin’s ties with Saudi Arabia and other members of the Gulf Cooperation Council (GCC) have expanded steadily following the launch of OPEC Plus’s oil production arrangement in 2016 and Saudi King Salman bin Abdulaziz Al Saud’s historic first visit to Moscow in October 2017.