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Putin and Crown Prince Discuss OPEC+ Cooperation

During a recent phone call, Russian President Vladimir Putin and Saudi Crown Prince Mohammed Bin Salman discussed cooperation within the OPEC+ group. The main aim is to maintain oil price stability.

Vladimir Vladimiroviç Putin
Vladimir Vladimiroviç Putin

OPEC+ Meeting Scheduled for Wednesday

Ministers from OPEC and allies led by Russia are scheduled to have a virtual meeting on Wednesday.

OPEC+ to Recommend Maintaining Current Output Policy

According to sources, the OPEC+ meeting will likely recommend keeping the current oil output policy. Despite Western sanctions and price caps, Russia's oil production has shown resilience.