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Russian President, Saudi Prince Discussed Oil Cooperation on G20 Sidelines

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Cooperation between Moscow and Riyadh in the oil industry was discussed by Russian President Vladimir Putin and Saudi Prince Mohammad bin Salman at their... 04.09.2016, Sputnik International

2016-09-04T15:46+0000

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Russian President, Saudi Prince Discussed Oil Cooperation on G20 Sidelines

15:46 GMT 04.09.2016

© Sputnik / Alexei Druzhinin / Go to the mediabankRussian President Vladimir Putin during a meeting with Deputy Crown Prince and Defense Minister of Saudi Arabia Muhammad bin Salman Al Saud as part of the G20 Summit in Hangzhou

Russian President Vladimir Putin during a meeting with Deputy Crown Prince and Defense Minister of Saudi Arabia Muhammad bin Salman Al Saud as part of the G20 Summit in Hangzhou - Sputnik International

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Cooperation between Moscow and Riyadh in the oil industry was discussed by Russian President Vladimir Putin and Saudi Prince Mohammad bin Salman at their meeting in Hangzhou, Putin’s spokesman said Sunday.

September 4, 2016. Russian President Vladimir Putin, third right, and Deputy Crown Prince and Defense Minister of Saudi Arabia Muhammad bin Salman Al Saud, fourth left, during a meeting as part of the G20 Summit in Hangzhou. - Sputnik International

Russia, Saudi Arabia Hope to Avert Negative Scenario in Mideast – Official

4 September 2016, 14:08 GMT

HANGZHOU (Sputnik) — The Russian president’s website quoted the Saudi deputy crown prince as saying earlier that a stable global oil market was unthinkable without cooperation by Russia and the Arab monarchy, two of the world’s biggest crude oil producers.

"Of course, cooperation in the oil sector was touched upon, but the focus was more on finance and high-tech as well as the WTO [World Trade Organization]," Dmitry Peskov told reporters.