Free Trial

Putin to Visit Saudi Arabia, UAE This Week

OIL

Russian President Vladimir Putin will travel to the United Arab Emirates and Saudi Arabia on Wednesday, according to Yuri Ushakov, a Kremlin adviser on foreign affairs, cited by Bloomberg.

  • The Russian President will discuss international, regional questions, including Palestine and Israel, oil market, Kremlin spokesman Dmitry Peskov said, according to Interfax.
  • MNI reported yesterday: "As leading global oil producers, Russia and Saudi Arabia have a vested interest in stabilizing and developing the global energy market. Discussions will likely revolve around oil production policies, joint energy projects, and sustainable energy initiatives. This meeting is crucial for shaping the future of global energy policies and practices, with both countries playing a pivotal role in the energy sector."

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.