Putin Says Russia a Top Oil Producer, Despite ‘Unfair’ Pressure

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Putin Says Russia a Top Oil Producer, Despite 'Unfair' Pressure
Putin at the Russian Energy Week forum in Moscow. AFP
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Russian President Vladimir Putin said Thursday that his country was still among the world’s top oil producers, despite what he called “unfair” anti-competitive practices used against it.

Russia maintains its position as one of the leading oil producers, despite the use of unfair competition mechanisms against us,” Putin said at a conference on Russian energy in Moscow.

“We account for approximately 10 percent of global production and expect that by the end of the year, our country will have produced 510 million tons of oil,” he added. (AFP)

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