When Russian President Vladimir Putin meets Donald Trump next week, he’ll be armed to discuss oil production following the U.S. leader’s series of tweets targeting OPEC, according to people familiar with preparations for the summit.
The Kremlin sees Trump as likely to raise the issue of adding crude supplies to the market in a bid to lower gasoline prices before the U.S. elections in November, according to one of the people. While Putin’s spokesman said last week that oil isn’t at the top of the list for the July 16 summit in Helsinki, officials are preparing extensive briefing notes for Putin, the people said, speaking on condition of anonymity.
