Deputy Prime Minister Alexander Novak said that the United States did not apply to Moscow on the issue of stabilizing the oil market. He stated this in an interview with CNBC TV channel, the passage from it publishes TV presenter Hedley Gamble on its page in twitter .
According to Novak, although such messages appeared in the media, he does not know whether they are true. He stressed that frankly, none of the White House turned to Russia with a proposal to discuss the possibility of reducing oil prices. “In fact, we absolutely do not know what negotiations are between Saudi Arabia and the USA,” added Vice Prime Minister.
Novak also recalled that in early October OPEC + alliance was going and discussed the current situation on the market.
In 2021, oil prices rose 50 percent. OPEC + adheres to its plan to increase production of 400 thousand barrels per day, despite the pressure of large consumer countries, such as the United States and India, which require additional supplies to reduce prices. According to the International Energy Agency (MEA), until the end of 2021, the market will be observed in the market of oil supplies of about 700 thousand barrels per day.