Russian President Vladimir Putin has said that his country will keep on cooperating with other states to harmonize global energy markets and reduce price volatility.

He was speaking at an informal meeting of BRICS nations in Hamburg today where the Group of 20 summit is underway. 

The Organization of the Petroleum Exporting Countries and other producers led by Russia has agreed to cut oil production by almost 1.8 million barrels per day from January this year to support prices. 

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