MOSCOW, Apr 13 (NNN-TASS) – Russian President, Vladimir Putin, U.S. President, Donald Trump and Saudi King, Salman bin Abdulaziz Al Saud, supported the agreement on a phased reduction in oil production reached by the Organisation of the Petroleum Exporting Countries (OPEC) and some other major oil producing countries, the Kremlin said Sunday.
“Vladimir Putin had a phone conversation with U.S. President, Donald Trump and Saudi King, Salman bin Abdulaziz Al Saud,” the Russian president’s press office said in a statement.
“The leaders supported the agreement reached by OPEC+, on the phased voluntary reduction of oil production, in order to stabilise global markets and ensure the sustainability of global economy,” the statement said.
OPEC and other crude producers, led by Russia, known as OPEC+, agreed on Sunday, to reduce output by 9.7 million barrels per day (bpd) for May-June, after four days of talks.
Putin and Trump also held a separate phone conversation.
“The exchange of views on the situation in the oil markets was continued. Once again, the importance of the OPEC+ deal, to reduce oil production was noted,” the statement said, adding that, topical issues of ensuring strategic security were also discussed.
