Putin comments on oil price fluctuations

Baku. 15 November. REPORT.AZ/ The current oil price is not very stable, it can go up, its fluctuations depend on many factors,  Russian President Vladimir Putin told journalists in Singapore, Report informs citing RIA Novosti.

"Well, you know, the opinion of experts, including Russian experts, is a bit downwards, a bit upwards, it is possible. This is due to many factors, you know that," Putin told reporters.

The Russian president said that he had discussed the issue of oil prices with US President Donald Trump in Paris.

Putin also noted that Russia will continue to work in the framework of OPEC+. According to him, the format has proven itself positive.

OPEC and a number of non-member countries (OPEC +) agreed at the end of 2016 in Vienna to reduce oil production by 1.8 million barrels per day from the level of October 2016, in which Russia accounted for 300,000.