The current situation in the oil market with prices plummeting is tough, but the market shouldn’t be judged by a one-day or even a week-long slump, Vladimir Putin’s Press Secretary Dmitry Peskov said on Wednesday, calling for patience and an assessment of the market when the new OPEC+ agreement takes effect on May 1. “We need to wait. The dynamics of global oil prices is really negative, the current situation is not easy, but one should assess it as a whole not by one day and not even by one week, but in a longer perspective. Therefore, now we just have to wait,” Peskov told reporters in Moscow, as carried by Russian news agency TASS. Peskov was answering a question about whether Russia would consider taking additional measures in light of the relentless drop in oil prices, with US benchmark oil prices slumping 300% to a negative -$37 a […]