Russia Signals It Will Stay Out Of OPEC

摘要

Luanda (Reuters) - Russia clearly sees itself as an observer and not a member of OPEC, President Dmitry Medvedev told the oil producer group's current president on Friday.The Organization of the Petroleum Exporting Countries (OPEC), which accounts for around 40% of the world's oil production, has repeatedly invited Russia to participate at its meetings in the hope that it would join or work with the group.