Putin on phone with Saudis ahead of OPEC+ committee meeting on Wednesday

📆 1/30/2023 10:30 PM
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Oil prices are lower after Russian President Vladamir Putin reportedly met with Saudi Crown Prince Mohammed bin Salman ahead of OPEC + meeting to discuss global oil market.

Russian President Vladimir Putin presents a gift made of mammoth tusk to Saudi Arabia's Crown Prince Mohammed bin Salman as head of the Chechen Republic Ramzan Kadyrov looks on in Riyadh, Saudi Arabia, Oct. 14, 2019.

"The committee wants to see China's recovery and the impact of sanctions on Russian supplies," he added. "President Putin's call with the Crown Prince could suggest the Saudis are making sure Russia is on board with keeping output steady and seeing if they anticipate they will be able to make their quotas."

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