4 Mar 2016 14:36

Venezuela, Russia working on oil price stabilization together - head of Venezuelan diplomatic mission to Moscow

MOSCOW. March 4 (Interfax) - Venezuela and Russia have been cooperating for the sake of oil market stabilization, Venezuelan Charge d'Affaires to Moscow Alvaro Sanchez has said.

"Two major actors [of the oil market], Venezuela and Russia, have been cooperating in an effort to stabilize the oil market," he told reporters in Moscow.