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Russia's Novak says Moscow only considering oil output freeze: TASS
October 11, 2016 / 9:46 AM / a year ago

Russia's Novak says Moscow only considering oil output freeze: TASS

MOSCOW (Reuters) - Russia, the world’s top oil producer, is currently only considering a freeze in oil output and a not a production cut, TASS news agency quoted Energy Minister Alexander Novak as saying on Tuesday.

Russian Energy Minister Alexander Novak attends a session of the St. Petersburg International Economic Forum 2016 (SPIEF 2016) in St. Petersburg, Russia June 16, 2016. REUTERS/Kirill Kukhmar/TASS/Host Photo Agency/Pool

Russian President Vladimir Putin told an energy congress on Monday Russia was ready to join a proposed OPEC output cap, but did not provide any details.

Reporting by Olesya Astakhova; writing by Katya Golubkova; editing by Jack Stubbs

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