Bloomberg | Oil prices slide despite renewed Saudi, Russia supply vow Financial Times A renewed pledge from Saudi Arabia and Russia, two of the world's biggest oil producers, to bring down surplus inventories failed to stem a decline on Wednesday in the price of crude oil. Saudi Energy Minister Khalid al-Falih said Opec and its allies ... Russia's Oil Majors And The Problem With Privatizing OPEC Opec, non-Opec to cut oil inventories to 5-year average: Saudi Minister Russia wants continued cooperation with OPEC, non-OPEC after oil cut deal expires |