Putin, Saudi king ready to expand oil market coordination

Reuters | Published at 08:58pm on February 14, 2018

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Russian president Vladimir Putin (R) and Saudi Arabia’s King Salman. -- Reuters file photo

Russian president Vladimir Putin and Saudi king Salman ‘expressed readiness to expand fruitful coordination on world hydrocarbon markets’ in a phone conversation they had on Wednesday, the Kremlin said in a statement.

The statement did not offer any details on what that expanded coordination could entail. Russia and Saudi Arabia are major players in a global pact on cutting oil output.

The two leaders also discussed Syria and defence sales, the statement said. It said the Saudi king had expressed his condolences to Putin regarding a plane crash at the weekend near Moscow that killed all 71 passengers and crew.