Reuters | Russian and Saudi energy ministers satisfied with oil market rebalancing - statement Reuters MOSCOW (Reuters) - Russian Energy Minister Alexander Novak met his Saudi counterpart Khalid al-Falih in Oman on Saturday, where they both expressed satisfaction with the way oil market has been rebalancing, the Russian energy ministry said. FILE PHOTO ... US oil output is booming and seen outpacing Saudis, Russia US On Track To Unseat Saudi Arabia As No.2 Oil Producer In the World Schlumberger Beats Views, Sees More Oil-Sector Investment |