Russia's Putin sees no difficulties for Moscow to freeze oil output


Russia is ready to freeze its oil output - among the world's highest - at current level as there would be no problems for Moscow to do so, Russian President Vladimir Putin said on Sunday.

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OPEC nations are due to agree a world oil freeze pact with non-OPEC countries on Nov. 30.

"We will do everything that our partners from OPEC are expecting. To freeze crude production is not an issue for us," Putin told a news conference in Lima after the APEC summit.

He added that Russia's oil firms are ready to do so.

Putin also said he has seen a "high probability" that the deal aiming to prop up the markets and boost prices would be reached in an OPEC meeting next week.

(Writing by Denis Pinchuk; Editing by Sandra Maler)