16:46 GMT - President Trump and his Russian counterpart Vladimir Putin agreed to hold Russian-American consultations on the state of the oil market during a Monday phone call, according to the Kremlin website. "An exchange of views was also held on the current state of the world oil market. Russian-American consultations on this subject through the ministers of energy were agreed," the Kremlin website said. Oil prices have cratered in recent weeks after Russia's abrupt exit from its three-year old partnership with OPEC earlier this month. (georgi.kantchev@wsj.com)

(END) Dow Jones Newswires

March 30, 2020 13:01 ET (17:01 GMT)