Vienna April 18 2022: Saudi Arabia’s Crown Prince Mohammed bin Salman and Russian President Vladimir Putin discussed the role their countries play in ensuring oil market stability in a phone call on April 16, the Kremlin said in a statement.
The two leaders who represent the largest producers in the OPEC+ alliance “spoke highly of the joint work in the OPEC Plus format aimed at ensuring the stability of the global oil market,” according to the statement.
The OPEC+ bloc has continued to retain Russia as a member and has so far rebuffed efforts by oil consuming nations such as the US and India to bring on additional supplies as prices traded above $100/b.
