Russia shares many of the same positions of Saudi Arabia when it comes to decision-making about the global oil market, the country’s energy minister said. Russian Energy Minister Alexander Novak told reporters on the sidelines of the St. Petersburg International Economic Forum that the Kremlin was on the same page as Riyadh on oil. “I think we have a common position with Saudi Arabia, we have to look at the situation on the market, we have all the tools to promptly respond in terms of decision making,” he was quoted by Russian news agency Tass as saying. “We have a common approach.” Russia is among the largest oil producers in the world and party to an effort led by […]