‘Axis Of Love’: Saudi Arabia, Russia Detente Heralds New Oil Order

‘Axis Of Love’: Saudi Arabia, Russia Detente Heralds New Oil Order

A meeting between the two men who run Russia and Saudi Arabia’s oil empires spoke volumes about the new relationship between the energy superpowers.

It was the first time that Rosneft boss Igor Sechin and Saudi Aramco chief Amin Nasser had held a formal, scheduled meeting – going beyond the numerous times they had simply encountered each other at oil events around the world.

Their conversation also broke new ground, according to two sources familiar with the talks in the Saudi city of Dhahran last week who said the CEOs discussed possible ways of cooperating in Asia, such as Indonesia and India, as well as in other markets. Read More…

Credit By :  NDTV

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