Putin, Saudi Crown Prince upbeat on OPEC+ cooperation on oil market

Saturday's phone conversation, the leaders' second since Russia's February 24 invasion of Ukraine, came at the initiative of Saudi Arabia, the Kremlin said.

OPEC- energynewsbeat.com

New Delhi: Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman gave a “positive assessment” to their cooperation on the OPEC+ producers group to stabilise the world oil market, the Kremlin said in a statement.

Saturday’s phone conversation, the leaders’ second since Russia’s February 24 invasion of Ukraine, came at the initiative of Saudi Arabia, the Kremlin said. The two discussed the crises in Ukraine and Yemen, the Kremlin said.

Saudi Arabia said in a brief statement that the Crown Prince “received a phone call” from Putin but didn’t mention OPEC+ or energy cooperation specifically. “They discussed bilateral relations that bring the two countries together and ways to enhance them,” according to the Saudi readout.

 

Let us know what you think on the Energy Crisis and Climate Change.