Putin Says Russia Ready to Freeze or Even Cut Oil Output - Bloomberg

October 10, 2016 8:32 AM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.


Vladimir Putin said Russia is willing to consider freezing or even cutting oil output in cooperation with OPEC, according to Bloomberg, citing Putin's comments during the World Energy Congress in Istanbul. Putin said he hoped OPEC would agree on limits to its crude production in November and that Russia was ready to support that decision.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Commodities, ETFs, Trader Talk

Related Entities

Crude Oil, OPEC

Add Your Comment