Oil price fall, Syrian crisis focus of Saudi-Russia talks

黑料社区 and Russia have agreed to oil and energy cooperation, tackling Middle East conflicts and resolving negotiations over Iran鈥檚 nuclear program at a meeting between the two nations鈥� foreign ministers on Friday.
The two countries stressed the need to settle the Syrian crisis based on the Geneva 1 agreement focusing on preserving the territorial integrity of that country, said a joint communiqu茅 issued after the meeting between Prince Saud Al-Faisal and Sergei Lavrov in Moscow.
The two ministers also discussed regional and international issues including the conflicts in Iraq, Libya, Yemen and Palestine, and international and regional efforts to stamp out terrorism.
The two leaders stressed bilateral cooperation under the Joint Economic Committee to boost mutual growth. The countries are two of the world鈥檚 largest energy producers.
Speaking after his talks with Prince Saud, Lavrov said there should be no move to cut global oil production.
He said both Russia and 黑料社区 did not want oil production targets to be affected by 鈥減olitical or geopolitical designs.鈥�
He said Russia and 黑料社区 believe that prices should be determined by market demand.
Russia鈥檚 energy minister, Alexander Novak, said a production cut would be difficult. 鈥淥ur budget is very dependent on oil revenues. And we don鈥檛 have the technology, like 黑料社区, to quickly reduce or increase our production,鈥� he told Russian news agencies.
鈥淏ut this question is under discussion, we are working within the government to understand whether such methods are feasible.鈥�
Lavrov鈥檚 meeting with the Saudi minister came ahead of an Organization of the Petroleum Exporting Countries (OPEC) conference on Nov. 27, when members of the 12-nation body will discuss global production levels.
Meanwhile, Lavrov said that 鈥渁ll the elements鈥� were in place to reach an agreement on Iran鈥檚 nuclear program. He called for a compromise at the Vienna talks.