Russia’s pledge to cut its crude production is intended to support global oil market prices, according to President Vladimir Putin.
“All our actions, including those related to voluntary production cuts, are connected with the need to support a certain price environment on global markets in contact with our partners in OPEC+,” Putin said at a meeting with his government via video-link on Wednesday. “In general, the situation is absolutely stable.”
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May 17, 2023 at 07:36PM
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Russian Oil Output Cuts Aim to Support Global Prices, Putin Says - Bloomberg
"oil" - Google News
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