Saudi Arabia plans leaders' summit this year for OPEC, allies: sources | Reuters

Saudi Arabia plans leaders' summit this year for OPEC, allies: sources | Reuters:

"Saudi Arabia plans to host a leaders’ oil summit later this year for OPEC and non-OPEC countries participating in a supply cut pact, two sources familiar with the matter said on Friday.

Riyadh and Moscow took the first step in institutionalizing the long-term framework for co-operation between OPEC and non-OPEC nations this week, the sources said.

Saudi Crown Prince Mohammed bin Salman met President Vladimir Putin at the Kremlin. Russia and Saudi Arabia played the opening match of the soccer World Cup, which Russia is hosting.

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