Putin says oil price at $50 fair, satisfactory for Russia

KRASNAYA POLYANA, Sochi, Oct 19 (PRIME) – An oil price of U.S.$50 is fair and Russia will be satisfied with it, President Vladimir Putin said on Thursday during the meeting of the Valdai Discussion Club.

“We have coordinated our position on the energy market with OPEC countries, and with Saudi Arabia in the first place, and the price is stable and above $50. We think that this price is fair and it completely satisfies us,” he said.

End