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Tuesday, December 12, 2023

Saudi MBS and Putin discuss Russian concerns of future OPEC+ plansnote

Russian President Vladimir Putin paid two visits on 6/12/2023 to the UAE and Saudi Arabia, with OPEC+ cooperation high on the agenda.

During his visit to the Kingdom, Putin and Saudi Crown Prince Mohammad Bin Salman (MBS) expressed personal views regarding future OPEC+ plans.

This note provides an overview of the following aspects:

- MBS' views on future oil production

- Putin’s concerns over OPEC+ plans

- MBS’ reply on the matter

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