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Kremlin calls OPEC+ decision on oil production a victory for common sense

PETROPAVLOVSK-KAMCHATSKY, October 9 – Novosti. The decision of OPEC + to cut oil production was a victory for common sense, said Russian presidential spokesman Dmitry Peskov in an interview with Pavel Zarubin on the Moscow.Kremlin.Putin program on the Russia 1 channel.
“I’m not inclined to say that this is some kind of our victory. No. This is a victory for common sense,” he said.
According to the spokesman, Vladimir Putin’s visits to Saudi Arabia and the United Arab Emirates in 2019 also played a role in this.
“In general, the fact that the president managed to establish mutually respectful relations — relations that are based on mutual benefit, on mutual trust — of course, this helps to discuss the most critical moments,” Peskov added.
Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud and US President Joe Biden during a meeting at Al Salam Palace in Jeddah
WT: the US came up with a way to take revenge on Saudi Arabia after the decision of OPEC +
He noted that because of the OPEC + decision , the United States began to literally lose self-control.
“Their main task is to push through the decisions, which were partially adopted by the European Union in the last package of sanctions, at the cost of even destabilizing the global energy market. There are about the introduction of certain price ceilings and so on,” Peskov recalled.
Thus, in his opinion, the US is trying to manipulate its oil reserves by throwing additional amounts into the market.
“That is, in fact, such a game will not lead to anything good,” Peskov said.
And this lawlessness, he stressed, is opposed by the balanced, thoughtful and planned work of countries that occupy a responsible position within the framework of OPEC +, including Russia.
On October 5, the OPEC+ countries agreed to cut oil production by two million barrels per day from November. The alliance explained this decision by uncertainties in the global economy and the oil market. Despite the energy crisis that has covered Europe, and rising energy prices in other regions, this step was supported by all participants in the deal.
Location of the leak on the Nord Stream gas pipeline
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