Friday 12 March 2021
Moscow Denies Putin Contact with Saudis ahead of OPEC+ Decision
Keywords: OPEC, Russia, Saudi Arabia
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.
Forum posts
F. Hamilton (12 March 2021, 14:44)
Rubbish, of course they had concerted earlier.
Jefffrey Carpenter (12 March 2021, 22:47)
The other members of OPEC are now mere spectators. Indeed, Qatar had threatened to leave the cartel.
Camelot Rant (12 March 2021, 22:59)
In any case, this is the end of OPEC and king oil. No more ragheads blackmailing us.