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Energy markets stability can only be supported by cooperative efforts — Putin

It is reported that the next agreements have been recently achieved within the OPEC+ format

MOSCOW, October 12. /TASS/. The Russian position is that the stability of energy markets can only be supported by cooperative efforts like in the OPEC+, President Vladimir Putin said on Wednesday at the Russian Energy Week forum.

"Our committed position is that the stability, the balanced nature of energy markets and the safe future of the peoples can only be provided by cooperative efforts in an open, frank dialog on principles of joint and several responsibility and consideration of national interests of each other. We have established exactly such dialog with OPEC+ partners," the Russian leader said.

The next agreements have been recently achieved within the OPEC+ format, the President said. "They address in the first instance the dynamics of oil demand and supply and long-term investment programs of the oil industry, which is objectively underfinanced, as I have already said," Putin added.

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Vladimir Putin OPEC

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