Russia warns OPEC against 'hasty' policy changes, says oil market volatility could be here to stay

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Russia warns OPEC against 'hasty' policy changes, says oil market volatility could be here to stay
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OPEC and non-OPEC exporters must stick to a consistent message if they are to avoid exacerbating wild swings in the oil market, Russian Energy Minister Alexander Novak said Sunday.

 

Russia is offering to take oil it does not need from Iran. OPEC can make this a crusher by driving down the price and making it worse. 'Russia Warns' is humorous.

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