Putin spoke on the phone with the Saudi Crown Prince, discussed the OPEC+ deal
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ANI
Russian President Vladimir Putin discussed with Prince Mohammed bin Salman the OPEC+ deal on oil production. The Kremlin said in the readout of the call that the two expressed satisfaction at the level of cooperation between the two countries to stabilize the global oil market.
President Vladimir Putin spoke by phone with Crown Prince and Prime Minister of Saudi Arabia Mohammed bin Salman Al Saud. They discussed a number of key topics on the bilateral agenda. Russian President Vladimir Putin discussed the OPEC+ deal with Prince Mohammed bin Salman on oil production, according to Russia’s Foreign Ministry. The Kremlin said in the readout of the call that the two expressed satisfaction at the level of cooperation between the two countries to stabilize the global oil market. The Kremlin said the talks proceeded in a friendly manner and were constructive and informative. With this in mind, it was agreed to build contacts in specific areas of cooperation.
In 2016, the Organization of the Petroleum Exporting Countries (OPEC) formed an alliance known as OPEC+ with other large producers led by Russia to negotiate more closely on the oil market. Earlier this month, OPEC+ oil producers announced a further cut in oil production by about 1.16 million barrels per day in a surprise move.
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