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Friday 12 March 2021

Moscow Denies Putin Contact with Saudis ahead of OPEC+ Decision

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MOSCOW (TASS) — Russian President Vladimir Putin did not have any talks with the Saudi Arabian leadership ahead of the OPEC+ decisions on oil production cap, Kremlin spokesman Dmitry Peskov told TASS.

“No, there weren’t”, he said when asked if Putin had any contacts with the Saudi leadership on the eve of the last OPEC+ ministerial meeting.

On March 4, OPEC+ ministers had a meeting to devise recommendations on oil production levels for April 2021. The meeting ended with a decision to maintain the current cap. The only exceptions were made for Russia and Kazakhstan who can ramp up production by 150,000 barrels per day.


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