Free Trial

Putin And Bin Salman Hold Call And Commit To 'Oil Stability'

ENERGY

President Putin and Saudi Crown Prince Mohammed bin Salman held a call today on energy prices and the war in Ukraine.

  • According to a Kremlin statement: 'Putin stressed the unacceptability of the politicising global energy supply issues.'
  • The meeting comes as calls increase in the US and Europe to apply sanctions on, or restrict Russian energy exports.
  • The Jerusalem Post reported that bin Salman: 'Reiterated the Kingdom’s keenness on maintaining stability of oil markets and stressed OPEC+ role in keeping their balance.'
  • Russia is currently co-chair of OPEC+ and agreed with OPEC+ members this week to maintain the a scheduled modest increase in oil production.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.