Vladimir Putin: Do Not Overdramatize World Oil Market Situation

The Russian leader, Vladimir Putin, said the developments related to the situation on the world oil market should not be overdramatized. Taking the floor at a meeting in the Kremlin with members of the Russian Industrialists and Entrepreneurs' Union, the president of Russia noted that "problems have always been and will be". "Do not panic or await anything bad to come", he said. The head of state said he would not like to go deep into the subject of oil prices at today's meeting. "You are conducting an intensive dialogue with the government, during which optimal ways will be mapped out", said Putin.