President Vladimir Putin said on Tuesday that Russia was not working against anyone on energy markets and was seeking a balance between oil supply and demand, a week after Washington criticized a decision by OPEC+ to steeply cut oil production.
Speaking with President Sheikh Mohammed bin Zayed al-Nahyan of the United Arab Emirates, Putin said Russia aimed to create stability on energy markets and ensure that supply and consumption were balanced.
“We are also actively working within the framework of OPEC+. I know your position, our actions, our decisions are not directed against anyone, we are not going to and do not do it in such a way as to create problems for anyone,” Putin said at the meeting in St. Petersburg….