Russia does not see a necessity to limit oil production at current prices, but is open for discussion, Energy Minister Alexander Novak said.
“We are always open for discussion, for monitoring the situation, everything will depend on whether there is feasibility”, he said.
“In my opinion, now prices are at around $50 (per barrel) – normal prices, if prices fall, then we can study this issue more actively”, Novak added. (Prime/Business World Magazine)