In the course of the conversation with U.S. President Donald Trump and Saudi King Salman bin Abdulaziz Al Saud, Russian President Vladimir Putin confirmed the determination to coordinate actions for stabilizing the oil market, EDNews.net reports citing Vestnik Kavkaza.
"Today, Russian President Vladimir Putin had a phone conversation with US President Donald Trump and Saudi Arabia King Salman bin Abdulaziz Al Saud," the Kremlin press service said in a statement.
The sides confirmed "determination to coordinate actions to stabilize the situation in the global oil trade and minimize the negative impact of volatile oil price quotations to the global economy," TASS reported.
According to the statement, the sides discussed the situation on oil markets, including with regard to the emergency OPEC+ ministerial meeting and the upcoming video conference of G20 energy ministers.
The plan on oil production cuts within the OPEC+ framework envisages that Russia and Saudi Arabia will reduce their oil production by 2.5 million barrels per day, from the current 11 million barrels to 8.5 million barrels per day in May-June, according to a draft agreement obtained by TASS.
Putin discusses oil with Trump and Saudi King
News of the day
Antonov: Russian forces will 'burn' all US supplies to Ukraine
Kazakhstan, UK sign strategic partnership and cooperation agreement
Iraqi President was invited to COP29
State reception was hosted in honor of President of Kyrgyzstan Sadyr Zhaparov
Journalists from Uzbekistan embarked on a visit to International Eurasia Press Fund -PHOTOS/VIDEO
Biden signs Israel, Ukraine, TikTok bill into law
Doha hosts first face-to-face Russia-Ukraine talks on return of children
International experts from 30 countries view restoration work in Lachin
Ombudsman informs UK ambassador about landmine terrorism by Armenia against Azerbaijan
Israel's Defense Minister: ‘Half of Hezbollah's commanders have been killed’
Azerbaijan's insurance market rises
Belarus deploys tactical nuclear weapons on its territory
US President Biden once again used "Armenian genocide" term
Estonia welcomes remarkable developments in Armenia-Azerbaijan border delimitation process
Azerbaijan's Pardon Issues Commission holds next meeting, number of appeals exceed 300
Azerbaijan's representation at the UN Committee Against Torture is ongoing - LIVE
Azerbaijan, the U.S. mull issues of cyber security in financial field
Kazakhstan expects second wave of floods
France proposes new EU sanctions against Russia
President of Kyrgyzstan highlights construction of secondary school in Aghdam district
Erdogan meets with German President
Azerbaijani ambassador meets with Gambia foreign minister
Pelosi says Israel's Netanyahu 'should resign' as prime minister
Türkiye urges world community to support Ankara-Yerevan normalization process
Sadyr Zhaparov: Azerbaijan is building its bright future with confidence
Media: About 30 Israeli generals and Shin Bet officers held hostage by Hamas
Monkeypox epidemic declared in Congo
Ilham Aliyev: Visit of President of Kyrgyzstan to Azerbaijan will contribute to strengthening friendly, fraternal relations between two countries
President Ilham Aliyev: ‘Azerbaijan is determined to continue active interaction with Kyrgyzstan in all areas’
President of Azerbaijan invites his Kyrgyz counterpart to COP29
Azerbaijan’s central bank, US Department of Treasury discuss financial stability
President of Azerbaijan invites his Kyrgyz counterpart to COP29
Presidents of Azerbaijan and Kyrgyzstan hold meeting in limited format
Azerbaijan, Kyrgyzstan sign documents
Russian deputy defense minister arrested for two months
China urges US to stop arming Taiwan
The Gulf Observer Highlights Return of Four Gazakh Villages
Zelensky thanks the US Senate for aid package
