Novak spoke about the reasons for the participants ‘ withdrawal from the transaction OPEC+

© RIA Novosti / Vitaly to Belowaverage in fotomancer energy of the Russian Federation Alexander Novak. Archival photoNovak spoke about the reasons for the participants ‘ withdrawal from the transaction OPEC+© RIA Novosti / Vitaly to Belowaverage the image Bank

The price of oil is not the only factor for the decision of member countries of OPEC+ about a possible withdrawal from the agreement on the reduction of oil production, told reporters Minister of energy of Russia Alexander Novak.

«The price factor is not the only factor when you need to begin an exit transaction. We watch the situation on the market. We don’t want some individual rates were as indicators. Should be a full market recovery», — he answered the corresponding question.

Novak spoke about the reasons for the participants ‘ withdrawal from the transaction OPEC+© RIA Novosti, Integratiebeleid in fotomonster and objectives of OPEC

Source