Saudi Aramco not discussing taking stake in Novatek’s Arctic LNG

“Not only have I not decided yet who I will stand against, I have not decided whether I will run at all”, Putin said, when asked who he would run against in the election.

The U.S. Energy Information Administration publishes weekly data on domestic crude oil exports from the United States and imports from top exporters to its market.

King Salman reviews an honour guard.

“This partnership between Russian Federation and Saudi Arabia has catalyzed cooperation of an unprecedented coalition of 24 countries (OPEC and non-OPEC)”.

Falih said that Saudi Arabia wants to develop ties with Russian Federation further, particularly in the private sector.

Over the past few years, Saudi Arabia has evinced interest in a wide range of Russian military hardware, such as T-90 tanks, infantry combat vehicles, air defense systems, tactical missile systems, and combat helicopters.

On Wednesday, King Salman bin Abdulaziz al-Saud of Saudi Arabia began his first-ever visit to Russian Federation which is set to last until October 7.

Riyadh supports rebels fighting President Bashar al-Assad’s forces while Russian troops and Iranian militias have sided with Assad.

The leaders held one-on-one talks, followed by broader discussions.

The company building the stadium said in August it was 30 days behind schedule but hoped to make up for lost time and end work on the venue by the end of the year, the initial deadline for its completion. This leaves Moscow aligned with Saudi Arabia’s arch-rival Iran, whose influence Riyadh fears is growing in the region.

The Saudi monarch endorsed Russia’s efforts to find a peaceful resolution in Syria. Syrian opposition groups are due to meet in Riyadh this month in an attempt to iron out their differences.

“We will not be satisfied with what we have”, he was quoted by Russian news agency Tass as saying.

Speaking at a CNBC-moderated plenary session at Russia Energy week 2017, Al-Falih said that certain market predictions that shale producers would bounce back at certain price points had proven incorrect.

Vladimir Putin and King Salman are expected to focus on extending the commitment to cut crude oil output production, which has helped prop up oil prices. Falih said in July that an extension of the agreement would most likely be needed into the second quarter of 2018 as a minimum. Oil rose after Mr Putin’s statement.

He also mentioned that Russian firms have been discussing possible future deals with energy giant Saudi Aramco, such as the provision of drilling services in Saudi Arabia and in crude trading.