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Vladimir Putin said that Russia was not working against anyone on energy markets and was seeking a balance between oil supply and demand, a week after Washington criticized a decision by OPEC+ to steeply cut oil production.  Speaking with President Sheikh Mohammed bin Zayed al-Nahyan of the UAE, Putin said Russia aimed to create stability on energy markets and ensure that supply and consumption were balanced.  He stated that they are actively working within the framework of OPEC+.

Putin says Russia not working ‘against anyone’ in energy markets

Vladimir Putin said that Russia was not working against anyone on energy markets and was seeking a balance between oil supply and demand, a week after Washington criticized a decision by OPEC+ to steeply cut oil production.  Speaking with President Sheikh Mohammed bin Zayed al-Nahyan of the UAE, Putin said Russia aimed to create stability on energy markets and ensure that supply and consumption were balanced.  He stated that they are actively working within the framework of OPEC+.

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