This file photo shows Russia's President Vladimir Putin (right) shakes hands with Saudi Arabia's Crown Prince Mohammed bin Salman during a meeting on the sidelines of the G20 Summit in Osaka on June 29, 2019. (PHOTO / AFP)
VLADIVOSTOK – Russian President Vladimir Putin and Saudi Crown Prince and Prime Minister Mohammed bin Salman Al Saud discussed ensuring the stability of the global energy market during a phone conversation, according to a statement by the Kremlin's press service on Wednesday.
ALSO READ: Kremlin: Putin, Saudi crown prince discuss climate change
Both sides highly appreciated the level of cooperation within the framework of the OPEC+, which allows for timely and effective measures to maintain the balance of oil supply and demand
"Both sides highly appreciated the level of cooperation within the framework of the OPEC+ (the Organization of the Petroleum Exporting Countries and its allies), which allows for timely and effective measures to maintain the balance of oil supply and demand," the statement said.
ALSO READ: Russian, Saudi leaders discuss cooperation over phone
It added that the two leaders also discussed measures for enhancing trade and economic ties and implementing promising joint projects in investment, transport logistics and energy.