LONDON: Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman spoke by phone on Thursday and underlined the importance of further cooperation within the OPEC+ group of oil producers, the Kremlin said.
On Jun 2, OPEC+, which brings together the Organization of the Petroleum Exporting Countries with other producers led by Russia, agreed a larger-than-expected rise in output, a step welcomed by Biden after the United States had called for more supply. Riyadh wants to keep Russia on board to increase leverage in the oil market, while Moscow gains from being part of OPEC+ at a time when the West is trying to strangle its economy with sanctions over the war.
"It was noted with satisfaction that the countries participating in this format are consistently fulfilling their obligations in order to maintain the necessary balance and stability in the global energy market."
they will go in cahoots to exclude USA
occono Criminals like to work together.
just sell oil to the rest of the world and let America dig their own...
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Source: STForeignDesk - 🏆 4. / 71 Read more »
Source: STForeignDesk - 🏆 4. / 71 Read more »