MOSCOW, Dec 9 (Reuters) - Russia, the world's biggest exporter of energy, may cut oil production and will refuse to sell oil to any country which imposes the West's price cap on Russian oil, President Vladimir Putin said on Friday. The Group of Seven and Australia last week agreed a $60 per barrel price cap on Russian seaborne crude oil after European Union members overcame resistance from Poland. Putin said that Russia had an agreement with OPEC+ about production so such a drastic step was still only a possibility. And concrete steps will be outlined in the decree of the president of Russia, which will be released in the next few days," Putin said. Putin also said Moscow would not lose out from the West's price cap and that the government's finances would hold up fine.

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