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Putin-Our Actions Aim To Create Stability In Energy Markets

RUSSIA

Speaking to President of the United Arab Emirates Sheikh Mohammed bin Zayed al-Nahyan in Moscow, Russian President Vladimir Putin states that Russia's actions 'aim to create stability in energy markets'.

  • Putin: 'We want energy markets to be balanced between supply and demand.'
  • Putin: 'Russia always reacts to the need of the energy markets in an adequate way'.
  • The Russian leader's comments come less than a week after OPEC+ agreed to a 2mn bpd production cut from November onward in what was viewed as a major snub of the US, given President Joe Biden's efforts to convince Saudi Arabia not to back significant output reductions.

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