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Putin, Saudi crown prince discuss stability of energy markets

Russian President Vladimir Putin and Saudi Crown Prince and Prime Minister Mohammed bin Salman Al Saud, discussed ensuring the stability of the global energy market during a phone conversation.

“Both sides highly appreciated the level of cooperation within the framework of the OPEC+ (Organisation of the Petroleum Exporting Countries and its allies).

Read Also: How Saudi Arabia lost control of oil prices

This allows for timely and effective measures to maintain the balance of oil supply and demand, a statement by Kremlin’s said.

It added that the two leaders also discussed measures for enhancing trade and economic ties and implementing promising joint projects in investment, transport logistics and energy.

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