Putin Determined To Strengthen Ties With OPEC

Russia is in favor of a continued partnership with OPEC that does not need to be limited to oil production control, Russia’s President Vladimir Putin said after the BRICS summit that took place in Brazil this week. “A constructive dialogue has been established with OPEC. We understand where this tough position [on cutting output] comes from, including the position of our friends in Saudi Arabia on Saudi Aramco IPO,” the Russian President said, as quoted by TASS. “They have their own interests, and we should respect that, which is what we…