Russia may reduce oil production for stabilization of global oil price

Russia may reduce oil production for stabilization of global oil price
# 21 November 2014 11:25 (UTC +04:00)

Baku - APA-Economics. Russia may reduce oil production for stabilization of global oil price, said the Russian Energy Minister Alexander Novak, APA reports quoting Ria Novosti.

Thus, he noted that this issue should be investigated: “Because Russia’s state budget significantly depends on oil sector”.

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