There will be common position with OPEC+, but market must calm down first - minister
ST. PETERSBURG. June 7 (Interfax) - The oil market is currently too volatile to be able to work out a position with OPEC+ partners regarding the fate of the deal to curb oil production after June 2019, Russian Energy Minister Alexander Novak said after talks with his Saudi counterpart Khalid al-Falih.
"I think that we will certainly still work out some common position closer to the end of June. Right now the market is very nervous and not indicative, it's reacting very strongly to events that are happening almost every day. We need it to calm down somewhat in order to understand what the situation on the market is like," Novak told reporters.