19.4 C
New York
Saturday, October 16, 2021

Russia’s Putin, Saudi King ready to continue energy cooperation: Kremlin

Russia's Putin, Saudi King ready to continue energy cooperation: Kremlin© Reuters. Saudi Arabia’s King Salman bin Abdulaziz Al Saud attends the 2019 budget meeting in Riyadh

MOSCOW (Reuters) – Russia’s President Vladimir Putin and Saudi King Salman bin Abdulaziz Al Saud, in a telephone conversation, voiced their support for continued coordination on the global energy markets, the Kremlin said on Tuesday.

The Kremlin also said the two leaders praised bilateral cooperation between Russia and Saudi Arabia.

“Mutual attitude for further strengthening of multifaceted Russia-Saudi Arabia ties has been expressed,” the Kremlin said.

Russia, other leading oil producers and the Organization for the Petroleum Exporting Countries agreed to cut their oil output by a combined 1.2 million barrels per day starting from January in order to balance global oil markets and support prices.

The next ministerial OPEC and non-OPEC meeting is due to be held in Vienna in mid-April.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source: Investing.com

Related Articles

Stay Connected

10,814FansLike
12,893FollowersFollow
756FollowersFollow
- Advertisement -

Latest Articles

Popular Articles