Tag Archives: Oil output cuts needed to maintain prices: Putin

MOSCOW: Russian President Vladimir Putin said on Wednesday that oil production cuts were required to maintain a certain price level, contradicting assurances from other leaders of the Opec+ group of producers that it was not seeking to manage the market in that way. The United States and Europe have accused Russia of weaponising energy to contain the West in its …

MOSCOW: Russian President Vladimir Putin said on Wednesday that oil production cuts were required to maintain a certain price level, contradicting assurances from other leaders of the Opec+ group of producers that it was not seeking to manage the market in that way. The United States and Europe have accused Russia of weaponising energy to contain the West in its …