Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman and Russian President Vladimir Putin, who together have worked to cut oil production, are to meet in Moscow late on Tuesday. The two were instrumental in a successful global deal which saw oil production curtailed by 1.8 million barrels per day as part of efforts to prop up prices and reduce bloated inventories. Al Arabiya TV said they will discuss the Syrian conflict, while four cooperation agreements are expected to be inked between Saudi Arabia and Russia. Earlier on Tuesday, Russian Energy Minister Alexander Novak met his Saudi counterpart Khalid al-Falih and discussed situation on global oil markets. Reporting By Aziz El Yaakoubi in Dubai, Maria Tsvetkova and Vladimir Soldatkin in Moscow; Editing by Jeremy Gaunt
Source: Egypt Independent May 30, 2017 12:56 UTC