Deputy Prime Minister of the Russian Federation Alexander Novak said that at the meeting scheduled for June 4, the OPEC+ countries will determine what is best for the oil market, adhering to the previous vector of decisions. It has been reported TASS.
According to him, the main task of the organization’s meeting is to jointly discuss the state of the oil market and to reach greater consensus on further steps that should be taken to restore equilibrium.
Novak emphasized that this is a systematic approach, that it will be the main meeting of the organization in June, and that decisions can be taken if necessary. He added that the Russian side disagreed with “the fact that Bloomberg’s information was falsified based on an incomplete quote regarding Russia’s disagreement over the possibility of making a decision at a future meeting.”
“Russia will begin discussions with partners to determine what is best for the market, while adhering to all previous decisions,” Novak said.
before he declarationIn the face-to-face meeting of OPEC+ on June 4, most likely, no new steps will be taken.