Russia won’t cut crude-oil production in order to support prices, although output may fall if prices remain low for a sustained period, Russian news agencies quoted Deputy Prime Minister Arkady Dvorkovich as saying Tuesday. Russia’s position has come into focus in recent weeks as a renewed oil-price plunge has battered its economy and those of members of the Organization of the Petroleum Exporting Countries, such as Russian ally Venezuela. Russia has repeatedly said it had no plans to cut oil production to prop up prices, but a Kremlin aide said Monday that Russian President Vladimir Putin would discuss “possible mutual steps” to stabilize the global price for oil at a meeting with Venezuelan President Nicolás Maduro on Thursday, without elaborating what those steps could be. Mr. Dvorkovich said Tuesday that Russia, which vies with Saudi Arabia as the top global oil producer, is prepared to discuss […]