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Putin said that Russia and the United States have room for cooperation

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Post time 17-7-2018 03:17 PM | Show all posts |Read mode
At a press conference held in Helsinki and Trump, it was suggested that some form of cooperation between Russia and the United States is still possible.

Putin said that Russia is a major oil and gas producer, air jordan 1 mid and the United States is also a major oil and gas producer. The two countries can work together on the supervision of the international market, because neither country wants to see oil prices plummet. Putin said: "But we do not want to push up the price of oil because it will consume a lot of money from other economic sectors. Therefore, we do have room for cooperation."

With the acceleration of oil prices this year, Trump has repeatedly asked OPEC to lower oil prices. OPEC headed by Saudi Arabia and non-OPEC countries headed by Russia met in Vienna in June, agreeing to increase production to compensate for the decline in Venezuela's crude oil production and the global supply shortage caused by the US restart of sanctions against Iran.

Putin said that global consumers and US shale oil companies are affected by fluctuations in oil prices.

Due to the technological revolution in shale oil, US oil and gas production reached an all-time high. The United States has long been the world's largest natural gas producer and is nike jordan 1 now expected to overtake Russia as the world's largest producer of crude oil.

Trump said it will compete with Russia in the European natural gas market

During the NATO summit last week, Trump screamed at Germany on the No. 2 line of Beixi Pipeline, saying that Germany was completely controlled by Russia. The reason why Beixi Pipeline Line 2 is controversial is because it allows Russia to bypass the existing infrastructure of Ukraine and reach the Western European market. In the past, Russia used the advantages of its nike air jordan 1 midlargest natural gas supplier in Europe as a tool for political pressure.


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