Russian Deputy Prime Minister Arkady Dvorkovich on Friday played down expectations that Russia could coordinate with OPEC to arrest the fall in oil prices by reducing production, saying the state would not intervene to balance the market. Oil prices have jumped in the past 48 hours after Russian energy officials said they had received proposals from OPEC lynchpin Saudi Arabia on managing output, and were ready to talk. But Dvorkovich, whose portfolio includes overseeing the energy sector, sounded a more measured tone when he spoke at a news briefing in Moscow on Friday. “We take the position that our oil sector is, to a significant extent, private, and is commercially minded, it is not under the direct control of the state. […]