Putin says Russia ready to join OPEC output freeze

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Reuters ISTANBUL
Last Updated : Oct 10 2016 | 6:28 PM IST

ISTANBUL (Reuters) - Russia is ready to join a proposed cap on oil output by OPEC members, Russian President Vladimir Putin told an energy congress on Monday.

Putin, speaking at an energy congress in the Turkish city of Istanbul, said he hoped that OPEC members would confirm the decision to adopt quotas for output when the organization meets in November.

(Reporting by Olesya Astakhova; Writing by Christian Lowe; Editing by Vladimir Soldatkin)

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First Published: Oct 10 2016 | 6:24 PM IST

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