The Kremlin said, on Thursday, that relations with Saudi Arabia were constructive and based on mutual understanding and respect, ahead of an OPEC+ meeting, Reuters reports.
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Asked about relations with Saudi Arabia ahead of the meeting, Kremlin spokesman, Dmitry Peskov, said they were “constructive, based on mutual understanding, mutual respect, mutual trust and very work-like”.
OPEC+, which groups the Organisation of the Petroleum Exporting Countries with Russia and other allies, surprised the market on 2 April with further output cuts that pushed up the price of oil.
Russia is the world’s second largest oil exporter, after Saudi Arabia.
Source: Middle East Monitor