US President Donald Trump has said in talks with Russia and Saudi Arabia about oil prices that his country has not discussed possible concessions to reduce production.

Axar.az reports that earlier, Trump said he was discussing the situation in the world energy market with Prince Mohammed bin Salman of Saudi Arabia. Along with Russia, the United States has offered to reduce production by 10 million barrels per day. In 20 minutes, he said, production could be reduced by 15 million barrels.

"It will be very good for Russia and Saudi Arabia. I hope they will sign this contract - that's what they told me. We expect this to happen soon. I hope they will announce it soon," Trump said.