Comments from Putin on oil

  • Russia and OPEC+ are ready for cooperation
  • Watching market closely
  • Russia is against uncontrollable increase of oil prices
  • We are generally ok with current oil prices
  • Not ready to say if Russia will reduce output or not
  • Russian companies have their own plans

Oil has ticked lower on the comments with WTI slipping to $64.07 from $64.40 a few minutes earlier.