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Putin: Saudi crown prince supports balancing oil markets

Russian President Vladimir Putin attends the 19th Annual Meeting of the Valdai Discussion Club in Moscow, Russia October 27, 2022. (Reuters)
Russian President Vladimir Putin attends the 19th Annual Meeting of the Valdai Discussion Club in Moscow, Russia October 27, 2022. (Reuters)
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28 Oct 2022 04:10:50 GMT9
28 Oct 2022 04:10:50 GMT9
  • Putin expresses support for Saudi Arabia joining the BRICS group

Arab News

RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman supports balancing oil markets and Russia is set on boosting relations with the Kingdom, President Vladimir Putin said on Thursday.

Speaking to the Valdai Discussion Club, a gathering of Russian specialists, Putin said that although the price of oil is not that important, “predictability and stability is important in oil markets.”

He also expressed his support for Saudi Arabia joining the BRICS group which is formed of Brazil, Russia, India, China and South Africa.

Putin also said he had not yet decided whether to attend next month’s G20 summit in Indonesia.

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