Putin and Saudi crown prince discuss OPEC+ cooperation to maintain price stability -Kremlin
- World
- Reuters
- Published Date: 05:39 | 30 January 2023
- Modified Date: 08:06 | 30 January 2023
Russian President Vladimir Putin held a phone with Saudi Crown Prince Mohammed Bin Salman on Monday to discuss cooperation within the OPEC+ group of oil producing countries in order to maintain oil price stability, the Kremlin said in a statement.
Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known collectively as OPEC+, are due to hold a virtual meeting on Wednesday.
Two OPEC+ delegates told Reuters on Monday that the panel was likely to recommend keeping the group's current oil output policy.
Russian oil production has so far shown resilience in the face of Western sanctions imposed after Moscow sent troops into Ukraine on Feb. 24 and price caps introduced by Western countries in December.
- Russian terror must lose, says Zelensky after visiting Mykolaiv
- Man released after suspected of planning German bio-weapons attack
- Macron says fighter jets for Ukraine 'not excluded'
- Live map of war at the end of January: territories where Russia advances and Ukraine resists
- Police arrest one, report one injured in Brussels subway attack