Russian President Vladimir Putin has submitted that the decline in global prices for oil is the policy of the several States. The head of state was informed that a number of States have reduced energy consumption due to the slowdown in global economic growth. He announced in an interview with Chinese media ahead of his visit to China. "The political component in the tariffs on oil also always exists. Not to mention the fact that, in some crisis moments gets the feeling that in the pricing of energy as time prevails and policy", - said the head of the Russian state. Among the financial aspects of reducing energy tariffs Vladimir Putin called the slowdown of the world economy and, consequently, a drop in consumption in a number of States. Also, the President said, both strategic and commercial oil stocks in developed countries are at historical highs. Impact and innovation in the technology of oil production, which has led to the emergence of fresh volumes of hydrocarbons in regional markets, recalled the leader of the country, RIA Novosti reported. Another bad moment, having a great influence on prices, the President called the unavailability of specific direct connection between the physical oil markets and economic grounds, which is trading. "When all this is actively used derivative instruments, which often increase the volatility of oil prices. This situation, unfortunately, creates conditions for speculative actions and, as a consequence, for manipulating tariffs depending on anyone's interests," Putin said. The President added that to minimize the adverse results of reduce rates take group action: "They take into account the subsequent diversification of the texture and the sources of growth of the Russian economy, and the fall of the excessive dependence on the European market of hydrocarbons, even with the growth of export of oil and gas in power Asia Pacific. At the same time going to improve economical costs, monetary and fiscal policy". The world price for oil decreased in the last few months, reaching a long-term lows. According to reliable information on 7 November, the price of a barrel of Brent crude oil is about 83.5 dollar.