Russia's Foreign Minister Sergey Lavrov announced on Wednesday that his country plans to develop cooperation with Saudi Arabia within the OPEC+ alliance, as the process has yield results so far.
Commenting on oil prices, Lavrov noted that the current market "more-or-less" reflects the balance between producers and consumers and added the OPEC+ would ensure there are no major price fluctuations in the future.
On the other side, Saudi Foreign Minister Faisal bin Farhan Al-Saud agreed that the two countries are keen on maintaining "fair prices" of oil, concluding that they have had good coordination so far.
