Saudi Prince meets Putin in Russia — What does this mean for Oil?

FXStreet — The state news Agency of Saudi Arabia, SPA reported, that the Deputy crown Prince Mohammed bin Salman with President of Russia Vladimir Putin will speak about things of mutual interest, as reported by Reuters.

To bear in mind is that at a Meeting in Beijing last year, the talks on an agreement for the reduction of Production, OPEC and non-OPEC oil producers started.

WTI is currently losing -0,20% below $ 50 and Brent are -0,50% 52,40$.

** FXStreet News Editorial, FXStreet**

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