The Saudi Crown Prince calls the Russian President

The Saudi Crown Prince calls the Russian President

Agree to abide by the agreement of «OPEC Plus»

NEOM: «Middle East»

Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense of Saudi Arabia, made a phone call the day before yesterday to President Vladimir Putin, President of the Federal Republic of Russia, as the directions agreed on the necessity of continuing cooperation to achieve the interests of oil producers and support market balance.
During the call, they reviewed the conditions of the world oil markets, and the efforts made to achieve stability, balance and maintain them, to support the growth of the global economy. .
The call made by the Saudi crown prince is consistent with further rapprochement between Saudi Arabia and Russia in the oil file, as Saudi Energy Minister Prince Abdulaziz bin Salman confirmed in April the continuation of his country’s relationship with Russia, stressing the two countries’ ability to resolve differences within the framework of joint cooperation. .
And the Saudi minister had stated in an interview with the American “Bloomberg” TV, that Saudi Arabia’s relations with Russia, the Kingdom’s largest partner in OPEC Plus, were going through a bad period in early March as a result of the outcome of the negotiations at the time in OPEC Plus. “As is the case in any family, we have differences … But we always solve these issues, and they only make our family stronger … We do not plan to divorce with Russia.”
The OPEC Plus group, led by Saudi Arabia and Russia, agreed last April to the largest production cut at 9.7 million barrels per day, the largest record reduction of about 10 percent in global supplies, to support oil prices amid the global outbreak of the Corona virus.

Saudi

Mohammed bin Salman, Crown Prince of Saudi Arabia