BAFL 46.29 Decreased By ▼ -0.08 (-0.17%)
BIPL 20.27 Increased By ▲ 0.12 (0.6%)
BOP 5.36 Increased By ▲ 0.04 (0.75%)
CNERGY 4.85 Increased By ▲ 0.25 (5.43%)
DFML 17.51 Increased By ▲ 0.91 (5.48%)
DGKC 78.56 Increased By ▲ 0.71 (0.91%)
FABL 28.91 Increased By ▲ 0.70 (2.48%)
FCCL 20.51 Increased By ▲ 0.36 (1.79%)
FFL 9.50 Increased By ▲ 0.28 (3.04%)
GGL 12.97 Increased By ▲ 0.16 (1.25%)
HBL 112.13 Increased By ▲ 0.63 (0.57%)
HUBC 122.60 Decreased By ▼ -1.20 (-0.97%)
HUMNL 7.61 Decreased By ▼ -0.14 (-1.81%)
KEL 3.35 Increased By ▲ 0.08 (2.45%)
LOTCHEM 28.47 Increased By ▲ 0.02 (0.07%)
MLCF 41.54 Decreased By ▼ -0.21 (-0.5%)
OGDC 121.62 Increased By ▲ 6.12 (5.3%)
PAEL 18.75 Decreased By ▼ -0.29 (-1.52%)
PIBTL 5.53 Decreased By ▼ -0.05 (-0.9%)
PIOC 113.75 Increased By ▲ 1.15 (1.02%)
PPL 107.36 Increased By ▲ 7.16 (7.15%)
PRL 26.98 Increased By ▲ 1.28 (4.98%)
SILK 1.10 Decreased By ▼ -0.01 (-0.9%)
SNGP 69.60 Increased By ▲ 1.80 (2.65%)
SSGC 12.81 Increased By ▲ 0.26 (2.07%)
TELE 8.44 Decreased By ▼ -0.06 (-0.71%)
TPLP 13.36 Decreased By ▼ -0.04 (-0.3%)
TRG 85.53 Decreased By ▼ -0.12 (-0.14%)
UNITY 26.33 Decreased By ▼ -0.32 (-1.2%)
WTL 1.55 Decreased By ▼ -0.03 (-1.9%)
BR100 6,450 Increased By 73 (1.15%)
BR30 22,796 Increased By 419.9 (1.88%)
KSE100 62,956 Increased By 463 (0.74%)
KSE30 21,004 Increased By 174.8 (0.84%)

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

1000 characters

Kremlin says US can’t tell Saudi Arabia what to do on oil policy

Inter-bank: rupee records 6th successive gain against US dollar

Open market: rupee edges higher against US dollar

Cotton arrival inches up 5.2% in last two weeks of Nov: PCGA

At least 3 children among 4 injured in blast on Peshawar’s Warsak Road

Situation in Gaza 'getting worse by the hour': WHO

India to be world’s third-largest economy by 2030: S&P Global Ratings

CodeNinja secures $1.6mn investment led by sAi Venture Capital

Gold price per tola falls Rs4,200 in Pakistan

Moody’s cuts China’s credit outlook to negative

US, UN urge civilian protections, but Israel intensifies southern Gaza offensive