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Cooperation in OPEC+ makes possible to keep oil prices — Putin

The President stressed that he personally supported efforts underway in the OPEC+

MOSCOW, March 12. /TASS/. Cooperation within the OPEC+ framework helps Russia to keep oil prices and secure budget revenues, President Vladimir Putin said at the meeting with the Leaders of Russia competition winners.

"The OPEC+ indeed helps us to maintain oil prices, provide for budget revenues," the head of state said. Putin mentioned also the viewpoint that "since oil production declines and it grows in other countries lime the US, then Russia may lose markets." The President stressed that he expressed the alternative point of view in this case and he personally supports efforts underway in the OPEC+.

The assumption for this issue should be that the oil demand will not reach its peak during the next ten - fifteen years, said First Deputy Energy Minister Pavel Sorokin, who participated in the meeting with the Russian President. The US and other countries have fields with different specific - shale oil, and these countries are bringing on stream wells drilled before the COVID-19 pandemic, Sorokin added.

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Foreign policy Vladimir Putin OPEC

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Ukraine requests UN Security Council meeting on November 27 — Russian mission

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Oreshnik becomes serious problem for Ukraine — Polish general

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NATO Military Committee Chairman Rob Bauer earlier called for producing more weapons for precision strikes inside Russia in case a conflict broke out

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Trump’s team, Biden administration sign memorandum of understanding

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Lithuania open to sending European troops to Ukraine — foreign minister

"It may become necessary for European soldiers to be deployed on Ukrainian soil, and Lithuania is always ready to consider such options," Gabrielius Landsbergis stated

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No further details were provided

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Russian Agriculture Ministry weighs idea of growing bananas domestically

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Moscow, Astana working to expand branch of North-South route via Kazakhstan — Putin

The list of parties to the agreement expanded to 14

Israeli-Lebanese ceasefire deal enters force — newspaper

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Ukrainian forces attempt to assassinate Novaya Kakhovka head, his deputy with drones

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He is expected to discuss various cooperation aspects and take part in the summit of the Collective Security Treaty Organization

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Israeli warplanes strike checkpoints on Syrian-Lebanese border — SANA

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Biden team may escalate global tensions to highest level, FSB chief warns

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Proposal to give Kiev nuclear arms highly extremist — Kremlin

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US continues to plunder Afghanistan with impunity, says Shoigu

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Russia designs Titan rifle for commandos

The rifle is reliable with precise and dense fire

PREVIEW: Russia to hand over BRICS presidency to Brazil

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UN secretary-general welcomes ceasefire between Israel, Lebanon

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Ukraine is a failed state, Russian foreign intelligence chief says

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Mideast situation keeps deteriorating due to Israel’s aggressive policies — Lavrov

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Russia’s Medvedev warns Europe could face 'catastrophic damage' from Oreshnik missile

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British mercenary claims he was sent to Russia’s Kursk Region against his will

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Blinken says hopes US support for Ukraine will continue under Trump

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US no longer objects to use of S-400 air defense systems by Turkey, Defense Minister says

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Trump considers direct negotiations with North Korea’s Kim Jong Un — Reuters

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