Putin Calls For Patience As Oil Prices Crash

The current situation in the oil market with prices plummeting is tough, but the market shouldn’t be judged by a one-day or even a week-long slump, Vladimir Putin’s Press Secretary Dmitry Peskov said on Wednesday, calling for patience and an assessment of the market when the new OPEC+ agreement takes effect on May 1. “We need to wait. The dynamics of global oil prices is really negative, the current situation is not easy, but one should assess it as a whole not by one day and not even by one week, but in a longer perspective.…