There are no serious issues standing in the way of an OPEC production proposal and Russia is ready to do its part by freezing output, the president said. “We have spoken on this matter before and have said that we are ready to freeze production at today’s level,” Russia President Vladimir Putin said from the sidelines of an economic summit in Peru . “We do not think that would create any problems for our energy sector.” According to economists at the Organization of Petroleum Exporting Countries, Russia is on pace to average about 11 million barrels of oil production per day this year, about 1.8 percent higher than last year. If accurate, Russian production for the year would be […]