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Putin: I expect world oil market to be balanced soon
October 4, 2017 / 11:04 AM / in 15 days

Putin: I expect world oil market to be balanced soon

FILE PHOTO - Russia's President Vladimir Putin chairs a meeting on preparations for the 2018 FIFA World Cup in Moscow, Russia October 3, 2017. Sputnik/Alexei Nikolsky/Kremlin via REUTERS

MOSCOW (Reuters) - Russian President Vladimir Putin said on Wednesday he had all grounds to believe that world oil markets will soon be balanced.

Speaking at an energy forum in Moscow, he said the situation on world oil markets depended on crude producers applying a properly thought-through approach.

Reporting by Katya Golubkova and Jack Stubbs; Writing by Christian Lowe; Editing by Louise Heavens

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