Moneycontrol

Budget 2023Budget 2023
Live Now Nifty Banker 3.0 | India's First Retail Index Traders Online Conference. 12 webinars
Budget 2023
Budget 2023
you are here: HomeNewsWorld

Russia and Saudi ministers praised level of cooperation in OPEC+, says Moscow

"They noted the stabilising effect that the tight cooperation between Russia and Saudi Arabia has on world markets for hydrocarbons in this strategically important sector," the ministry said in a statement.

June 01, 2022 / 06:15 AM IST
Representative image

Representative image

Russian Foreign minister Sergei Lavrov on Tuesday met Saudi counterpart Prince Faisal bin Farhan Al Saud and both men praised the level of cooperation inside OPEC+, the Russian foreign ministry said.

"They noted the stabilising effect that the tight cooperation between Russia and Saudi Arabia has on world markets for hydrocarbons in this strategically important sector," the ministry said in a statement.

OPEC+ is an oil alliance that includes Gulf producers and Russia among others.