Russia's Putin, Saudi King ready to continue energy cooperation - Kremlin

Russia's Putin, Saudi King ready to continue energy cooperation - Kremlin
Saudi Arabia's King Salman bin Abdulaziz Al Saud attends the Gulf Cooperation Council's (GCC) Summit in Riyadh, Saudi Arabia December 9, 2018. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS Copyright HANDOUT(Reuters)
Copyright HANDOUT(Reuters)
By Reuters
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MOSCOW (Reuters) - Russia's President Vladimir Putin and Saudi King Salman bin Abdulaziz Al Saud, in a telephone conversation, voiced their support for continued coordination on the global energy markets, the Kremlin said on Tuesday.

The Kremlin also said the two leaders praised bilateral cooperation between Russia and Saudi Arabia.

"Mutual attitude for further strengthening of multifaceted Russia-Saudi Arabia ties has been expressed," the Kremlin said.

Russia, other leading oil producers and the Organisation for the Petroleum Exporting Countries agreed to cut their oil output by a combined 1.2 million barrels per day starting from January in order to balance global oil markets and support prices.

The next ministerial OPEC and non-OPEC meeting is due to be held in Vienna in mid-April.

(Reporting by Vladimir Soldatkin; Writing by Polina Nikolskaya; Editing by Kirsten Donovan)

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