Russia is ready to cooperate with OPEC to stabilise the oil market

Market news

2 February 2016

Russia is ready to cooperate with OPEC to stabilise the oil market

Russian Foreign Minister Sergei Lavrov said on Tuesday that Russia is ready to cooperate with the Organization of the Petroleum Exporting Countries (OPEC) to stabilise the oil market.

He noted that the country is ready to meet with OPEC and to discuss oil prices.

Russia’s oil output rises by 1.5% in January

U.S. Stocks open: Dow -0.93%, Nasdaq -0.73%, S&P -0.73%

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