Source Pravda.Ru

Comments: Russia Will Not Go For Axing Oil Export, But Downsize Oil Output To Keep Prices In Place

Russia "will not go for axing" the volume of oil export because this is contrary to some of its policy principles. But it has already decided on slight cuts in the production of oil in order to stabilise its prices, Russian Prime Minister Mikhail Kasyanov told a press conference in Madrid on Thursday.

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