AIRLINK 194.00 Increased By ▲ 0.50 (0.26%)
BOP 9.89 Increased By ▲ 0.25 (2.59%)
CNERGY 7.63 Increased By ▲ 0.10 (1.33%)
FCCL 37.65 Decreased By ▼ -0.05 (-0.13%)
FFL 15.65 Increased By ▲ 0.05 (0.32%)
FLYNG 25.79 Increased By ▲ 0.20 (0.78%)
HUBC 129.50 Increased By ▲ 2.43 (1.91%)
HUMNL 13.60 Increased By ▲ 0.10 (0.74%)
KEL 4.60 Increased By ▲ 0.02 (0.44%)
KOSM 6.26 Increased By ▲ 0.16 (2.62%)
MLCF 43.90 Decreased By ▼ -0.06 (-0.14%)
OGDC 205.25 Increased By ▲ 2.01 (0.99%)
PACE 6.46 Increased By ▲ 0.06 (0.94%)
PAEL 40.89 Decreased By ▼ -0.09 (-0.22%)
PIAHCLA 17.34 Decreased By ▼ -0.15 (-0.86%)
PIBTL 8.05 Increased By ▲ 0.39 (5.09%)
POWER 9.15 Increased By ▲ 0.07 (0.77%)
PPL 175.80 Increased By ▲ 1.55 (0.89%)
PRL 38.16 Increased By ▲ 0.09 (0.24%)
PTC 24.40 Increased By ▲ 0.33 (1.37%)
SEARL 107.30 Increased By ▲ 0.06 (0.06%)
SILK 0.99 Increased By ▲ 0.02 (2.06%)
SSGC 36.95 Increased By ▲ 0.55 (1.51%)
SYM 19.61 Increased By ▲ 0.57 (2.99%)
TELE 8.47 Increased By ▲ 0.23 (2.79%)
TPLP 12.35 Increased By ▲ 0.57 (4.84%)
TRG 65.92 Increased By ▲ 1.04 (1.6%)
WAVESAPP 12.41 Increased By ▲ 0.78 (6.71%)
WTL 1.70 Increased By ▲ 0.02 (1.19%)
YOUW 3.93 Increased By ▲ 0.08 (2.08%)
BR100 11,842 Increased By 74.1 (0.63%)
BR30 35,335 Increased By 371.2 (1.06%)
KSE100 112,282 Increased By 795 (0.71%)
KSE30 35,190 Increased By 255.2 (0.73%)

MOSCOW: The Kremlin said on Friday that Saudi Arabia did not need lectures from the United States about oil policy, responding to reported differences between Washington and Riyadh after the kingdom’s latest production cut.

On Sunday, Saudi Arabia pledged to cut its oil output by 1 million barrels per day (bpd), or 10%, in July on top of existing output cuts from OPEC and its allies including Russia.

Kremlin spokesman Dmitry Peskov said Saudi Arabia was a sovereign state that could make its own decisions and did not need “lectures or moralising” from the United States.

Comments

Comments are closed.