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    A man rides a camel through the desert oil field and winter camping area of Sakhir, Bahrain, Sunday, Dec. 20, 2015

    Bahrain Welcomes Russia-Saudi Arabia Cooperation on Oil Market Stability

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    Bahrain's Ambassador to Russia Ahmed Abdulrahman Saati said that Bahrain welcomes any agreement between oil producers that could stabilize the market.

    MOSCOW (Sputnik) — Bahrain welcomes the joint statement by Russia and Saudi Arabia on stabilizing the oil market, Bahrain's Ambassador to Russia Ahmed Abdulrahman Saati told Sputnik.

    "Bahrain is not a major oil producer, we are not members of OPEC, but we welcome any agreement between oil producers that could stabilize the market. I think that the Russian-Saudi agreement will promote a stabilization of oil production and prices, as these are major oil producers. This will affect the entire oil market," Saati said.

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    Tags:
    oil prices, OPEC, Ahmed Abdulrahman Saati, Bahrain, Saudi Arabia, Russia
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