News Daily Spot: Putin said that Russian oil producers agreed to freeze pumping

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Putin said that Russian oil producers agreed to freeze pumping


Russian President Vladimir Putin said Wednesday that local oil producers agreed to keep crude production in line with 2016 levels in January, at a time when Moscow seeks to shore up the weak energy prices.

"Overall, it was agreed to maintain oil production (2016) on January levels," he said at a government meeting on the outcome of Tuesday's meeting in the Kremlin with Russian oil producers. These are his first public statements about the outcome of the meeting.

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