Putin did not discuss increasing OPEC+ oil output with Crown Prince of Saudi Arabia

TASS Russian News Agency | Sep 18, 2019 at 11:35 AM

MOSCOW, September 18. /TASS/. Russian President Vladimir Putin did not discuss the possibility of increasing oil production within OPEC+ to stabilize oil prices on Wednesday in a telephone conversation with the Crown Prince of Saudi Arabia, the Minister of Defense, Mohammed bin Salman Al Saud.

"No, it was not discussed [the possibility of increasing production]," Presidential spokesman Dmitry Peskov said on Wednesday.

On Wednesday, Vladimir Putin held a telephone conversation with the Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud at the request of the Saudi side. "The situation on the global hydrocarbon market was reviewed, including implementation of the agreements in the OPEC+ format. The parties expressed mutual desire to continue close coordination in order to stabilize world oil prices," the Kremlin's press service said.

The facilities of the national oil company Saudi Aramco in the east of Saudi Arabia were attacked by ten drones in the small hours on September 14. As a result of the attack, the kingdom reduced crude production by 5.7 mln barrels per day out of almost 10 mln barrels. On September 17, Saudi authorities announced that they had recovered half of the oil production lost due to the attack.