Putin Says Current Oil Prices Acceptable

Russian President Vladimir Putin said on Sunday that current oil prices were acceptable and that Russia had the tools to react to any negative effects of the spread of the coronavirus on the global economy. Russian news agencies reported.

Putin added that he sees the OPEC+ group as an effective mechanism to preserve long-term stability. adding that Russia had to be prepared for different scenarios on oil markets following a global fall in oil prices on coronavirus concerns.


About core

Check Also

EU Outlines New Critical Raw Minerals Act

The European Commission (EC) has outlined plans for how the EU will compete in the …

Leave a Reply

Your email address will not be published.