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Putin points out three reasons for oil prices to fall

November 16, 2014, 9:27 UTC+3
He told journalists that a fall in energy prices was also caused by falling demand and monetary factors
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Russian President Vladimir Putin

Russian President Vladimir Putin

© Michael Kliment'ev/TASS, file

BRISBANE, November 16 /TASS/. Russian President Vladimir Putin has pointed out three reasons for the oil prices to fall: growth in oil production; the current situation and the dollar falling rate.

He told journalists that a fall in energy prices was also caused by falling demand and monetary factors. “The fluctuating dollar rate is also affecting oil prices,” Putin stressed.

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