The U.S. President Donald trump said that in conversations With the leadership of Russia and Saudi Arabia on the world oil prices have not discussed possible concessions from the United States in the form of reducing production. While trump said that the Russian Federation and Saudi Arabia have the opportunity soon to sign the contract in respect of oil production to improve the situation on the world markets. before trump announced that he agreed With the crown Prince of Saudi Arabia Mohammed bin Salman, the situation on the world energy market. For example, he suggested that this country and Russia have the ability to reduce its production by 10 million barrels per day, and 20 minutes later he called the amount of fifteen million barrels. Since early March, oil prices fell by almost 2 times due to the slowdown in demand in the market amid pandemic coronavirus, as well as the exhaustion of the OPEC agreements . The sixth of March of participating countries of the Commonwealth are unable to come to a consensus about changing the parameters of the contract, to extend it failed. Russia insisted on maintaining existing conditions, but Saudi Arabia wanted to further reduce the development. In the end, From April 1, the limits on oil production in the countries of the former Commonwealth shot. After the failure of negotiations, OPEC media began to write about the start of a price war manufacturers. At the same time Saudi Arabia has officially said about the build-up of supplies to 12, 3 million barrels per day, which is 300 thousand barrels per day higher than its production capacity. To reach this target Riyadh could from the inventory. Press Secretary of the President Dmitry Peskov declared that the Russian Federation and Saudi Arabia are waging price wars, but there is an adverse global economic situation. <span style="color:darkgray