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Saudi Oil Chief Visits Russia in Gesture to Fellow OPEC+ Member

  • Prince Abdulaziz met Russian Deputy PM Novak in St. Petersburg
  • It’s too early to talk about extending OPEC+ Deal, says Novak
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Saudi Arabia’s energy minister traveled to Russia in a show of support for the fellow OPEC+ member just as the US encourages the cartel to pump more oil and isolate Moscow.

Prince Abdulaziz bin Salman met Deputy Prime Minister Alexander Novak on Thursday at the St. Petersburg International Economic Forum, a flagship conference that almost all Western officials and business executives are avoiding this year following Russia’s invasion of Ukraine.