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Novak: Oil producers agree not to need early OPEC + meeting
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Economy News _ Baghdad
Russian Energy Minister Alexander Novak said there was agreement among global oil producers that it was no longer logical for OPEC and outside producers to meet before the scheduled date in early March.
Novak, who discussed oil markets with his Saudi counterpart this week, added that Moscow believes that the meetings should take place on their original date, but the situation regarding the oil markets is very vague and changes rapidly.
He did not say whether Moscow would support deepening oil production cuts.
Novak, who discussed oil markets with his Saudi counterpart this week, added that Moscow believes that the meetings should take place on their original date, but the situation regarding the oil markets is very vague and changes rapidly.
He did not say whether Moscow would support deepening oil production cuts.
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