China News Service, December 10th, a comprehensive report. On the 9th local time, Russian President Vladimir Putin commented on the West’s setting of a price cap on Russian oil in an interview, saying that the current price cap is in line with the current oil price and will not impose a negative impact on Russia. make an impact.
He also said Russia was considering cutting oil production in response.
Data map: Russian President Vladimir Putin.
Putin said that although the price limit imposed by the West on Russian oil has little effect on Russia in terms of sales price, it will have an impact on the world energy market.
He said low oil prices would lead to underinvestment and a shortage of funds in the oil industry, which could at some point lead to a catastrophic spike in oil prices and a world energy collapse.
He believes it is "stupid" to follow some kind of non-market, harmful decision.
The oil price limit is not a problem for Russia, but is related to the overall situation of world energy and energy markets.
Putin reiterated that Russia will not sell oil to countries that make such decisions.
In response, Russia is considering cutting oil production, he said.
Russia will issue a presidential decree in a few days to announce its specific countermeasures.
Recently, the European Union, the Group of Seven (G7) and Australia have successively announced that they will set a price cap of US$60 per barrel on Russia's seaborne oil exports in order to hit Russia's oil revenue.
Commenting on the Western initiative, Russian President Vladimir Putin previously warned that Russia would not export anything abroad at the expense of its own interests.