Saudi King Salman and Russia’s Putin ‘satisfaction’ with OPEC

Saudi Arabia’s King Salman bin Abdulaziz al-Saud and Russian President Vladimir Putin expressed “satisfaction” with the implementation of OPEC’s crude oil production agreement and discussed tactics for the global economic crisis in a call. by phone on September 7, according to a statement. on the Kremlin website.

The call made through King Salman and precedes a key meeting of OPEC’s joint Ministerial Monitoring Committee on Sept. 17, which is expected to focus on compliance. The JMMC is co-chaired through Saudi Arabia and Russia.

“Both sides welcomed the progress made in implementing the OPEC agreement, which helped stabilize the scenario in global energy markets in general,” he said.

Saudi Arabia and Russia agreed to coordinate their paintings more on cuts in production, industry and investment.

Saudi and Russian leaders also discussed unusual tactics to trump the negative consequences of the coronavirus pandemic on global economics and finance, he said.

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