Home / Market Update / Commodities / Russia: OPEC+ helps stabilize oil markets

Russia: OPEC+ helps stabilize oil markets

Russia said on Friday that the OPEC+ group of major oil producers helped stabilize oil markets and resisted external pressure, despite “Western manipulation” in the form of a price ceiling for Russian oil.

Foreign Ministry spokesman Alexei Zaitsev stated in a weekly press briefing that Russia is a responsible supplier to global energy markets and that cooperation with OPEC+ is of great importance.

Check Also

Silver Price Outlook: XAG/USD Pauses Near Record Peaks

Silver (XAG/USD) holds steady around $38.25 on Friday, following a 14-year high of $39.13 earlier …