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