Putin says OPEC+ has established itself as an effective mechanism

OPEC+ has established itself as an effective mechanism in ensuring stability in the energy markets, said Russian President Vladimir Putin.


The Russian leader said this at a meeting in the government terminal of Vnukovo Airport, reports TASS.

“This mechanism, which we created together with other leading oil-producing countries, has already established itself as an effective tool in ensuring long-term stability in global energy markets”, – Putin emphasized.

It was previously reported that OPEC countries overfulfilled a deal to reduce production in January.