Instant Alert: RUSSIA: Saudi Arabia destabilized the oil market

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   RUSSIA: Saudi Arabia destabilized the oil market by on Dec 28, 2015, 5:02 AM Advertisement MOSCOW (Reuters) - Saudi Arabia has destabilized the global oil market by increasing production, TASS news agency quoted Russian Energy Minister Alexander Novak as saying on Monday. "Saudi Arabia has this year increased production by 1.5 million barrels per day, thus effectively destabilizing the situation on the market," Novak was quoted as saying. (Reporting by Polina Devitt; editing by Maria Kiselyova)   Share the latest business news with your network: Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011