Vladimir Putin: OPEC+ Production Based on Rising Oil Demand
President of the Russian Federation Vladimir Putin believes that production within OPEC+ is calculated based on the growing demand for oil.
He expressed this opinion while answering questions from journalists.
“The volumes of oil and petroleum products consumed in the world are increasing due to the growth of the global economy. There is no getting around that. Volumes are growing, while production is only increasing in the amount we agreed upon within the framework of OPEC+. And it is calculated based on increasing demand,” said the President of Russia.
