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Saudi Arabia is not supporting Russia, trying to ensure the stability of the oil market: Adel al-Jubeir

 Saudi Minister of State for Foreign Affairs Adel Al-Jubeir has said that Saudi Arabia is not supporting Russia. We are trying to ensure the stability of the oil market.

According to Arab News, in an interview with Bucky Anderson of the American channel CNN on Wednesday, he said that the recent OPEC Plus decision to cut oil production by 2 million barrels per day is aimed at both oil producing countries and consumers. to benefit equally.'

He said that the energy ministers of the oil-producing countries, which are also members of the group, agreed on the cuts at a meeting held last week, which will take effect next month.

"The decision to reduce the quota was taken unanimously by 22 countries and the market has responded very positively to it."

According to the Saudi Minister of State for Foreign Affairs, "the price of oil has actually decreased since last week, not increased."

He added that "Saudi Arabia is looking for a way to bring Russia and Ukraine to the negotiating table."

The Saudi Minister of State said that if Saudi Arabia had not acted neutrally, the agreement on the exchange of prisoners between Russia and Ukraine would not have been reached.

The escalation of the Ukraine crisis is not good for European countries. Saudi Arabia is against the occupation of any country's territory by force.

Adil Al-Jubeir says that "where Saudi Arabia benefits from getting defensive weapons, the interests of the United States are also gained from it and peace is established in the region."