Saudi oil minister pledges production cuts until Q1 2020

JOE KLAMAR / AFP

Saudi Arabia's oil minister has stressed that the Kingdom will continue to comply with production cuts until the end of the first quarter of 2020.

In a tweet, Khalid Al-Falih also said he discussed oil markets with his Russian counterpart.

“We confirm that we will continue to hold such meetings and talks between our two countries to ensure further progress, partnership, investment development and mutual trade," he said.

More from Business

Coming Up on Dubai Eye

  • The Debrief

    4:00pm - 7:00pm

    Join Dane on Dubai Eye 103.8 for The Debrief from 4pm to 7pm, the perfect way to unwind after a busy day at the office.

  • The Score

    7:00pm - 9:00pm

    Hosted by Chris McHardy, The Score is your comprehensive guide to the world of sport.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!