“Russian companies have become pros in the flexibility of production at old fields, and the remaining fields can increase the production of resources,” said Robert McNally, head of the consulting company Rapidan Energy Group.

According to him, Moscow can cut oil production without damaging its oil fields.

Earlier it was reported that representatives of the EU countries agreed on a new package of anti-Russian sanctions, which includes the introduction of a ceiling on oil prices.

Russian Deputy Prime Minister Alexander Novak noted that Russia will not supply oil to those countries that decide to set prices for it, since this is inappropriate for the Russian economy.